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11 Review Later A client is looking to buy forward CHF $60 milion with USD on January 7, 2021. Calculate the USD/CHF forward rate given
11 Review Later A client is looking to buy forward CHF $60 milion with USD on January 7, 2021. Calculate the USD/CHF forward rate given the following data, Dates Day Count Transaction Date June 5, 2020 NIA Spot Value Date June 7, 2020 NIA Forward Value Date January 7, 2021 214 6 Months Forward December 6, 2020 182 12 Months Forward June 7, 2021 365 USD/CHF Spot G-Month Forward Points 12 Month Forward Points Rates 0.9837-47 78.00-18.00 132.10-141.10 0.9919 0.9924 0.9927 0.9936
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International Financial Reporting A Practical Guide
Authors: Alan Melville
6th edition
978-1292200743
