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Andreas Broszio (Geneva). Andreas Broszio just started as an analyst for Credit Suisse in Geneva, Switzerland. He receives the following quotes for Swiss francs
Andreas Broszio (Geneva). Andreas Broszio just started as an analyst for Credit Suisse in Geneva, Switzerland. He receives the following quotes for Swiss francs against the dollar for spot, 1 month forward, 3 months forward, and 6 months forward. Spot exchange rate: Bid rate SF1.2576/S Ask rate SF1.2589/S 1-month forward 10 to 15 3-months forward. 14 to 22 6-months forward 20 to 30 The current one-year US. T-Bill rate is 4.1%. a. Calculate outright quotes for bid and ask and the number of points spread between each a. Calculate outright quotes for bid and ask and the number of points spread between each Calculate the outright quotes for bid and ask and the number of points spread between each below: (Round to four decimal places.) One-month forward (SF/S) Bid Ask Spread
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