Table 11.4.Forward Exchange Rates
-Refer to Table 11.4.On Wednesday,the 180-day forward franc was selling at a:
A) 0.6 percent premium per annum against the dollar
B) 1.6 percent premium per annum against the dollar
C) 0.6 percent discount per annum against the dollar
D) 1.6 percent discount per annum against the dollar
Correct Answer:
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