If the spot rate for the British pound is $1.5077 and the 180-day forward rate is $1.4934,

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If the spot rate for the British pound is $1.5077 and the 180-day forward rate is $1.4934, what is the annualized premium (discount)?

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a. premium of 1.90%b. premium of 0.97%c. discount of (-)1.90%d. discount of (-)0.97%

Posted Date: Jun 09, 2024 06:29 PM

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If the spot rate for the British pound is $1.5077 and the 180-day forward rate is $1.4934,

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