Question: QUESTION 8 Suppose that the current euro-dollar spot rate is $1.25 and that the euro sells at a 1.5% forward discount. Find the current forward

QUESTION 8 Suppose that the current euro-dollar spot rate is $1.25

QUESTION 8 Suppose that the current euro-dollar spot rate is $1.25 and that the euro sells at a 1.5% forward discount. Find the current forward rate. $1.1256 $1.2688 $1.2313 Cannot be determined

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