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BialAsk on Aussie Dollar Rorward. Use the following spot and forward bid - ask rates for the U . S . dollar / Australian dollar
BialAsk on Aussie Dollar Rorward. Use the following spot and forward bidask rates for the US dollarAustralian dollar USSAS exchange rate from December to answer the following questions
tablePeriodtableUSSASBid BatetableUSSASAskBatespot month, months, months, months, months,
months
A What is the midrate for each maturity?
B What is the annual forward premium for all maturities?
C Which maturities have the smallest and largest forward premiums?
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