Question
If the spot rate of the Israeli shekel is 5.51 shekels per dollar and the 180-day forward rate is 5.87 shekels per dollar, then the
If the spot rate of the Israeli shekel is 5.51 shekels per dollar and the 180-day forward rate is 5.87 shekels per dollar, then the forward rate for the Israeli shekel is selling at a _______________ to the spot rate. 6.09% premium 6.53% discount 8.35% discount 7.71% premium
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Portfolio Performance Measurement And Benchmarking
Authors: Jon Christopherson, David Carino, Wayne Ferson
1st Edition
0071496653, 978-0071496650
