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
Posted: Thu Apr 28, 2022 1:28 pm
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%
¥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%