he Wall Street Journal reported the following spot and forward rates for the Swiss franc ($/SF).

Spot	$	0.8222
30-day forward	$	0.8544
90-day forward	$	0.8560
180-day forward	$	0.8607

a. Was the Swiss franc selling at a discount or premium in the forward market?

multiple choice

• Premium

• Discount

b. What was the 30-day forward premium (or discount) percentage? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.)

c. What was the 90-day forward premium (or discount) percentage? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.)

THE ANSWER FOR C IS NOT 4.11!

d. Suppose you executed a 90-day forward contract to exchange 300,000 Swiss francs into U.S. dollars. How many dollars would you get 90 days hence?

e. Assume a Swiss bank entered into a 180-day forward contract with Bankers Trust to buy $300,000. How many francs will the Swiss bank deliver in six months to get the U.S. dollars? (Round your answer to 2 decimal places.)

I ONLY NEED THE ASNWER FOR C :) PLEASE BE CLEAR WITH THE ASNWER :)

THE ANSWER FOR C IS NOT 4.11!