1 Determine the 6-mo forward rate for the CHF as CHF/JPY Determine the percentage appreciation or depreciation of the CHF relative to the JPY. The FX market expect the value of the CHF to relative to the USD over the next 6-months? Appreciate Depreciate 3 4 5 What is the 6-month forward discount/premium for the USD relative to the CHF? The one-year interest rate is equal to 4% in Switzerland and 8% in the United States. Determine the one-year CHF/USD forward exchange rate is: 6 The FX market expects the value of the USD to relative to the JPY over the next 6-months? Appreciate Depreciate 7 Determine the percentage discount or premium for the yen relative to the USD over the six-month period. Given the following quotes for the euro and Australian dollar, AUD, the bid AUD/EUR FX price is: EUR/USD = 0.7961-0.7965, AUD/USD 1.5675-1.5685 9 Given the following quotes, the asked AUD/EUR FX price is: EUR/USD 0.7961-0.7965 AUD/USD = 1.5675-1.5685 Based on the bid-asked AUD/EUR prices, a A$1 million trade, the dealer will net 10