If the spot rate of the israeli shekel is 5.76 shekels per dollar and the 180-day forward rate is 5.51 shekels per dollar, then the forward rate for the israeli shekel is selling at a to the spot rate.
answer choices:
4.34% premium
6.53% discount
7.71% premium
5.35% discount
Answers: 3
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If the spot rate of the israeli shekel is 5.76 shekels per dollar and the 180-day forward rate is 5....
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