Multiple Choice
It is 1998.The spot and 30-day forward rates for the Dutch guilder are $.3075 and $.3120,respectively.The guilder is said to be selling at a forward
A) premium of 16.83%
B) premium of 17.56%
C) discount of 6.39%
D) discount of 15.10%
Correct Answer:
Verified
Correct Answer:
Verified
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