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1. The following table gives the exchange rates for the Swiss franc for November 8 and 9, 2015. Use this table to answer the following

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1. The following table gives the exchange rates for the Swiss franc for November 8 and 9, 2015. Use this table to answer the following questions Currency per USD dnesday Currency per USD Tuesday USD equiv USD equiv Wednesday Country/currency Tuesday We Switzerland franc 1-mos forward 3-mos forward 6-mos forward 1.0994 1.0998 1.1012 1.1042 1.1174 1.118 1.1193 1.1221 Fill in the last two columns of the table with the reciprocal price of the dollar in terms of the franc. On Wednesday, the spot price of the two currencies was a. b. US dollars per Swiss franc, or Swiss francs per dollar. c. From Tuesday to Wednesday, in the spot market the dollar appreciated/depreciated (circle one) against the franc; the franc appreciated/depreciated (circle one) against the dollar. In Wednesday's spot market, the cost of buying 1000 francs was buying 100 dollars was On Wednesday, the 30-day forward franc was at a premium/discount of which equaled d. dollars; the cost of francs e. dollars, percent on an annual basis f. On Wednesday, the 90-day forward franc was at a premium/discount of dollars, which equaled percent on an annual basis Show your work for parts (e) and (f) below 1. The following table gives the exchange rates for the Swiss franc for November 8 and 9, 2015. Use this table to answer the following questions Currency per USD dnesday Currency per USD Tuesday USD equiv USD equiv Wednesday Country/currency Tuesday We Switzerland franc 1-mos forward 3-mos forward 6-mos forward 1.0994 1.0998 1.1012 1.1042 1.1174 1.118 1.1193 1.1221 Fill in the last two columns of the table with the reciprocal price of the dollar in terms of the franc. On Wednesday, the spot price of the two currencies was a. b. US dollars per Swiss franc, or Swiss francs per dollar. c. From Tuesday to Wednesday, in the spot market the dollar appreciated/depreciated (circle one) against the franc; the franc appreciated/depreciated (circle one) against the dollar. In Wednesday's spot market, the cost of buying 1000 francs was buying 100 dollars was On Wednesday, the 30-day forward franc was at a premium/discount of which equaled d. dollars; the cost of francs e. dollars, percent on an annual basis f. On Wednesday, the 90-day forward franc was at a premium/discount of dollars, which equaled percent on an annual basis Show your work for parts (e) and (f) below

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