1 The Wall Street Journal reported the following spot and forward rates for the Swiss franc ($/SF). 0.4 Spot points 30-day forward 90-day forward $0.8226 $0.8552 $0.8564 180-day forward $0.8611 eBook a. Was the Swiss franc selling at a discount or premium in the forward market? Hint Print References Premium O Discount b. What was the 30-day forward premium (or discount) percentage? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) 30-day forward premium/discount % Check my work 0.4 points 1 eBook Hint Print References c. What was the 90-day forward premium (or discount) percentage? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) 90-day forward premium/discount % d. Suppose you executed a 90-day forward contract to exchange 340,000 Swiss francs into U.S. dollars. How many dollars would you get 90 days hence? Dollars for Swiss francs e. Assume a Swiss bank entered into a 180-day forward contract with Bankers Trust to buy $340,000. How many francs will the Swiss bank deliver in six months to get the U.S. dollars? (Round your answer to 2 decimal places.) Swiss francs for dollars SF