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06-06-2023
Business

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Suppose the spot fate and the fonward rate for the British pound are $1.4248 and $1.4179 respectively. Assume the forward pound is seiling at a 0.97% annualized discount, what is the number of days of the forward contract? a. 180 dirys b. 90 days c. 30 days d. 60 days

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