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The €/$ Spot Exchange Rate Is $1

Question 87

Multiple Choice

The €/$ spot exchange rate is $1.50/€ and the 90-day forward premium is 10 percent.Find the 90-day forward price.


A) $1.65/€
B) $1.50375/€
C) $1.9125/€
D) none of the options

Correct Answer:

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