Determine the forward premium

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Question 1. Determine the forward premium [discount] for the currency and maturity as specified in each row of the following table of rates quoted as HuFI/$ [HuFI denotes Hungarian Florint].

Currency                     spot rate                forward rate               Maturity

$                              247.785                 267.25              12 months

HuFI                           247.785               252.805               3 months

Reference no: EM132595774

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