Question 6 10 points Save Answer A spot forward swap is done with the following yen per dollar quoted rates. Spot rate 1
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
Question 6 10 points Save Answer A spot forward swap is done with the following yen per dollar quoted rates. Spot rate 1
Question 6 10 points Save Answer A spot forward swap is done with the following yen per dollar quoted rates. Spot rate 106.75 - 106.85 90 day forward 104.25 - 104.85 An importer exchanged $1,000 for yen at the spot and sold forward $1,000 worth of yen sold 90 days forward. What was the yen payment made by the importer at the end of the 90 days?