Question: Time Left 1:26:17 Lindsey Smith: Attempt 1 ed Question 19 (4 points) A currency is trading at a forward discount if: 1) The spot exchange

Time Left 1:26:17 Lindsey Smith: Attempt 1 ed Question 19 (4 points) A currency is trading at a forward discount if: 1) The spot exchange rate is equal to the direct forward rate 2) The direct forward exchange rate is lower than the spot rate 3) The spot exchange rate is lower than the direct forward rate 4) The direct forward exchange rate is higher than the spot rate Save

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