From the data given below which option is true? Spot 1 month s Forward – McqOptions

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1.	From the data given below which option is true? Spot 1 month s Forward Rs./GBP 94.85 94.95
A.	1 month s forward is at 1.27% premium
B.	1 month s forward is at 0.11% premium
C.	1 month s forward is at 1.27% discount
D.	1 month s forward is at 0.11% discount
Answer» B. 1 month s forward is at 0.11% premium

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