- 17 The Currency Quote Machine At The Foreign Exchange Trader S Office Shows Following Exchange Rates Between Bahraini Di 1 (43.99 KiB) Viewed 88 times
17 The currency quote machine at the foreign exchange trader's office shows following exchange rates between Bahraini Di
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
17 The currency quote machine at the foreign exchange trader's office shows following exchange rates between Bahraini Di
17 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: of Currency Spot 1 month forward 3 months forward Bid Ask Bid Ask Bid Ask BHD / PHP 116.2100 116. 2119 116.2126 116.2135 116.2130 116.2140 Determine percentage Premium or Discount for Bid price for 3 months forward. O a. 0.0026 % premium O b. 0.9845 % discount OC. 0.8976 % discount O d. 0.6578 % premium