If the spot exchange rate of the yen relative to the dollar is
¥105.25/$, and the 90-day forward rate is ¥103.55/$. Calculate the
forward premium or discount as a percentage per annum for a 360-day
year.
Select one:
a.
-6.46%
b.
-4.18%
c.
-2.09%
d.
-1.62%
If the spot exchange rate of the yen relative to the dollar is ¥105.25/$, and the 90-day forward rate is ¥103.55/$. Calc
-
answerhappygod
- Site Admin
- Posts: 899604
- Joined: Mon Aug 02, 2021 8:13 am
If the spot exchange rate of the yen relative to the dollar is ¥105.25/$, and the 90-day forward rate is ¥103.55/$. Calc
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!