Outright spot exchange rate

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The SF/$ 180-day forward exchange rate is SF1.30/$ and the 180 day forward premium is 8 percent. What is the outright spot exchange rate? 1.25 please show work

Reference no: EM131401644

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Outright spot exchange rate : The SF/$ 180-day forward exchange rate is SF1.30/$ and the 180 day forward premium is 8 percent. What is the outright spot exchange rate? 1.25 please show work
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