Calculate the amount of forward premium discount

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Reference no: EM13717061

Find the answer of the following question

Question- If a six month forward rate for C$ is quoted at $0.9475-85 when the spot rate is $0.9530-38.

Part 1- What forward premium/discount does this amount to?

I want help to calculate the amount of forward premium/discount.

Reference no: EM13717061

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