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Answer to Question #14194 in Management for John

Question #14194
2. If the spot rate of the Israeli shekel is 5.51 shekels per dollar and the 180-day forward rate is 5.97 shekels per dollar, then the forward rate for the Israeli shekel is selling at a ________________ to the spot rate.
a. premium of 8%
b. premium of 18%
c. discount of 18%
d. discount of 8%
e. premium of 16%
1
Expert's answer
2012-09-06T09:54:52-0400
The answer to the question is available in the PDF file https://assignmentexpert.com/homework-answers/management-answer-14194.pdf

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