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Calculate the forward discount or premium for the spot and three month forward rates
a. SR=$2.00/ (one pound) and FR = $1.96/one pound
b. SR = $2.00 / (one pound) and FR = $1.96/ (one pound)
Calculate the forward discount or premium for the spot and three month forward rates
a. SR=$2.00/ (one pound) and FR = $1.96/one pound
b. SR = $2.00 / (one pound) and FR = $1.96/ (one pound)