21 and 22

Suppose that the 515/ that the beton a forward contract to buy pounds with dollar 23. and that the spected dollar rate of return on the marlent portfolio in ccess of the dollar ske-free Interest rate is 9%. What is the son of the covariance of the forward contract returns with the returns of the market portfolio: cov(Rf,Rm)? Negative Positive O Zero Sometimes positive and sometimes negative Not enough information Question 22 4 pts Suppose that the spot exchange rate is $1.55/, that the beta on a forward contract to buy pounds with dollars is 2.3, and that the expected dollar rate of return on the market portfolio in excess of the dollar risk-free interest rate is 9%. What is the expected excess return on a forward contract purchase? Suppose that the 515/ that the beton a forward contract to buy pounds with dollar 23. and that the spected dollar rate of return on the marlent portfolio in ccess of the dollar ske-free Interest rate is 9%. What is the son of the covariance of the forward contract returns with the returns of the market portfolio: cov(Rf,Rm)? Negative Positive O Zero Sometimes positive and sometimes negative Not enough information Question 22 4 pts Suppose that the spot exchange rate is $1.55/, that the beta on a forward contract to buy pounds with dollars is 2.3, and that the expected dollar rate of return on the market portfolio in excess of the dollar risk-free interest rate is 9%. What is the expected excess return on a forward contract purchase