Question: The 30-day forward rate for the euro is $1.05, while the current spot rate of the euro is $1.07. What is the annualized forward premium

The 30-day forward rate for the euro is $1.05, while the current spot rate of the euro is $1.07. What is the annualized forward premium or discount of the euro? (Indicate a discount with a negative sign) ANSWER IN PERCENTAGE WITHOUT THE PERCENTAGE SIGN

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