Dadchans4180 Dadchans4180

25-11-2022
Business

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Forward Rate - Suppose that the spot rate for the euro is
$1.8200
and with a forward premium of
3.00%
. Which of the following most closely approximates the implied forward rate of the euro in this situation?
−$0.0037
$0.0019
$0.0056
$1.8746
$1.5230

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