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A Ghanaian businesswoman intends to buy 1 0 0 , 0 0 0 Euros on the 3 1 st of March 2 0 1 6

A Ghanaian businesswoman intends to buy $100, 000$ Euros on the $31$ st of March $2016$ at a forward rate of GHS $4.2 /$ Euros $,$ if the spot rate is GHS $4.15 /$ Euros $.$ calculate to show whether she will be buying at a premium or a discount. Is the quotation direct or indirect?

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A Ghanaian businesswoman intends to buy 1 0 0 , 0 0 0 Euros on the 3 1 st of March 2 0 1 6

A Ghanaian businesswoman intends to buy 100,000 Euros on the 31st of March 2016 at a forward rate of GHS 4.2/Euros, if the spot rate is GHS 4.15/Euros. calculate to show whether she will be buying at a premium or a discount. Is the quotation direct or indirect?

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A Ghanaian businesswoman intends to buy $100, 000$ Euros on the $31$ st of March $2016$ at a forward rate of GHS $4.2 /$ Euros $,$ if the spot rate is GHS $4.15 /$ Euros $.$ calculate to show whether she will be buying at a premium or a discount. Is the quotation direct or indirect?