Question
Given th current spot rate of $1.10/ and the 6-month forward rate of $1.11/ , which one of the following statements is most correct? The
Given th current spot rate of $1.10/ and the 6-month forward rate of $1.11/ , which one of the following statements is most correct?
The spot rate is 0.8772/$, the forward rate is 0.8772/$, and the euro is selling at forward par | ||
The spot rate is 0.9091/$, the forward rate is 0.9009/$, and the dollar is selling at a forward premium | ||
The spot rate is 0.9091/$, the forward rate is 0.9009/$, and the euro is selling at a forward permium | ||
The spot rate is 0.9091/$, the forward rate is 0.9009/$, and the euro is selling at a forward discount | ||
The spot rate is 0.8929/$, the forward rate is 0.9174/$, and the euro is selling at a forward premium |
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