Given that the spot dollar price of the pound ($ ) is 1 4515 and the 6 month forward rate ($ ) is 1 4411, obtain the premium or discount on the poun Premium of 1 443 Discount of 1 433 Premium of 722 Discount of 716 None of the above answers is correct

Question

Given that the spot dollar price of the pound ($ ) is   1 4515 and the 6 month forward rate ($ ) is   1 4411, obtain the premium or discount on the poun Premium of 1 443  Discount of 1 433  Premium of 722  Discount of  716  None of the above answers is correct

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Question

Given that the spot dollar price of the pound ($/) is = 1.4515 and the 6-month forward rate ($/) is = 1.4411, obtain the premium

Given that the spot dollar price of the pound ($/) is = 1.4515 and the 6-month forward rate ($/) is = 1.4411, obtain the premium or discount on the poun Premium of 1.443% Discount of 1.433% Premium of 722% Discount of .716% None of the above answers is correct

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