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(a) Is Swiss Franc trading at premium or discount vs. USD in the forward market? (b) Calculate the 1-month forward premium/discount using European Term (30

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(a) Is Swiss Franc trading at premium or discount vs. USD in the forward market? (b) Calculate the 1-month forward premium/discount using European Term (30 days). (c) Suppose you long a 3-month forward contract on Swiss Franc, worth SF 1,000,000 at the above forward rate. At maturity date, you check the spot exchange rate, S(USD/SF)=0.9125. State your profit/loss in USD from the forward transaction at maturity date

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