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Calculate the forward discount or premium if the spot rate is $2.00/£1 and the three-month forward rate is $2.01/E1. (A)
Posted: Sun May 29, 2022 7:00 pm
by answerhappygod
- Calculate The Forward Discount Or Premium If The Spot Rate Is 2 00 1 And The Three Month Forward Rate Is 2 01 E1 A 1 (27.52 KiB) Viewed 11 times
Calculate the forward discount or premium if the spot rate is $2.00/£1 and the three-month forward rate is $2.01/E1. (A) The pound is at a forward premium of 2% per year with respect to the dollar. B) The pound is at a forward discount of 2% per year with respect to the dollar. The dollar is at a forward premium of 2% per year with respect to the pound. The dollar is at a forward discount of 0.5% per year with respect to the pound.