1. The Wall Street Journal reported the following spot and forward rates for the Swiss franc ($/SF): Spot $0.8202 30-day forward $0.8244 90-day forward $0.8295 180-day forward $0.8343 a. Was the Swiss franc selling at a discount or premium in the forward market? b. What was the 30-day forward premium (or discount)? C. What was the 90-day forward premium (or discount)? d. Suppose you executed a 90-day forward contract to exchange 100,000 Swiss francs into U.S. dollars. How many dollars would you get 90 days hence? e. Assume a Swiss bank entered into a 180-day forward contract with Bankers Trust to buy $100,000. How many francs will the Swiss bank deliver in six months to get the U.S. dollars