The current exchange rate of AUD/USD is given as 0.6050-56. 90 days forward margin is...
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The current exchange rate of AUD/USD is given as 0.6050-56. 90 days forward margin is 50/58, and the AUD interest rate is 0.75% and the USD interest rate is 1.5%. Calculate the annualised forward premium/discount on the AUD, using the mid rates Select one: a-3.57% b. 3.54% C 3.57% d.-3.54%
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