Q.

From the data given below which option is true? Spot 1 month’s Forward Rs./GBP 94.85 94.95

A. 1 month’s forward is at 1.27% premium
B. 1 month’s forward is at 0.11% premium
C. 1 month’s forward is at 1.27% discount
D. 1 month’s forward is at 0.11% discount
Answer» A. 1 month’s forward is at 1.27% premium
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