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From the Data Given Below Which Option Is True? Spot

Question 17

Multiple Choice

From the data given below which option is true? Spot 1 month's Forward Rs./GBP 94.85 94.95


A) 1 month's forward is at 1.27% premium
B) 1 month's forward is at 0.11% premium
C) 1 month's forward is at 1.27% discount
D) 1 month's forward is at 0.11% discount

Correct Answer:

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