Question: Suppose that the 9 0 - day forward rate on the euro is $ 1 . 3 3 1 6 6 , while the current
Suppose that the day forward rate on the euro is $ while the current spot rate is $
Which of the following best approximates the forward premium on an annualized basis?Hint: Only consider day months. In other words, consider a year to be only days.
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