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Question 20 160 The currency quote machine at the foreign exchange trader's office shows following exchange rates betwee
Posted: Tue Nov 16, 2021 7:42 am
by answerhappygod
- Question 20 160 The Currency Quote Machine At The Foreign Exchange Trader S Office Shows Following Exchange Rates Betwee 1 (20.01 KiB) Viewed 76 times
Question 20 160 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 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. Tag a 0.8975 % discount b 06578 premium 0.0026 % premium d 0.9845% discount