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What is forward rate calculation

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Question: Forward Rate calculation. If someone you were working with argued that the current forward rate quoted on currency pair is the market's expectation of where the future spot rate will end up, what would you say?

Reference no: EM131441722

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What is forward rate calculation : Forward Rate calculation. If someone you were working with argued that the current forward rate quoted on currency pair is the market's expectation of where the future spot rate will end up, what would you say?
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