USD interest rate are quoted at 1.5% for 6 months and SGD interest rate for...

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Accounting

USD interest rate are quoted at 1.5% for 6 months and SGD interest rate for same period are 1% how would you expect the swap rates to be quoted?
Select one:
a. At a SGD forward premium
b. Around par
c. At a SGD forward discount
d. None of the above

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