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Consider the following exchange rates in the spot and forward exchange markets. Spot 180-day $2.0015-30 42-35 SFr $0.6963-68 25-38 Required: Calculate the bid and ask

Consider the following exchange rates in the spot and forward exchange markets.

Spot

180-day

$2.0015-30

42-35

SFr

$0.6963-68

25-38

Required: Calculate the bid and ask SFr cross rates for both the spot and 180-day forward pounds sterling. Calculate the forward premium (or discount) on buying the pounds sterling

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