The spot rate for the Singapore dollar is 0.320. The 30-day forward r – McqOptions

MCQOPTIONS

1.	The spot rate for the Singapore dollar is 0.320. The 30-day forward rate is 0.325. The forward rate contains an annualized __________ of ___________%.
A.	discount; -18.75
B.	premium; 18.75
C.	discount; -18.46
D.	premium; 18.46
Answer» C. discount; -18.46

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