Page 1 of 1
The currency quote machine at the foreign exchange trader's office shows following exchange rates between Bahraini Dinar
Posted: Tue Nov 16, 2021 7:40 am
by answerhappygod
- The Currency Quote Machine At The Foreign Exchange Trader S Office Shows Following Exchange Rates Between Bahraini Dinar 1 (40.19 KiB) Viewed 74 times
The currency quote machine at the foreign exchange trader's office shows following exchange rates between Bahraini Dinar (BHD) and Philippine Peso (PHP). From the information determine: Currency Spot 1 month forward 3 months forward Ask Bid Ask Bid Ask Bid BHD/PHP 116.2100 116. 2119 116.2126 116.2135 116.2130 116.2140 Determine percentage Premium or Discount for Bid price for 1 month forward. O a. 0.7869 % premium O b. 05689 discount O c. 0.9876 % discount O d. 0.0022% premium