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Assuming the 60-day forward exchange rate was $1 = ¥110 and the spot exchange rate was $1 = ¥120, the dollar is selling at a(n) _____ on the 60-day forward market.premium?margin?discount?increment ?

User Weberjn
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The dollar is selling at a discount on the 60-day forward market. In addition, we can say that there is an adamant decrease in price as time passes. A deduction from the original exchange rate took place wherein people saved money from this kind of marketing promotion.
User Lucas Aschenbach
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