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A ) The spot price on the Buro is $ 1 . 0 8 9 today and the 9 0 day Forward rate on the

A) The spot price on the Buro is $1.089 today and the 90 day Forward rate on the Buro is
selling at an annualined 4% forward premium. What is the 90 day Forward rate on the
Buro?
B) The spot price on the Australian Dollar (AUD) is $0.6141 AUD and the 180 day Forward
rate on the Australian Dollar is selling at an annualized 3% forward discount. What is
the 180 day Forward rate on the Australian Dollar?
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