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Need (b) for 1month to 24 month as in the schedule Japanese Yen Forward. Use the following spot and forward bid-ask rates for the Japanese

Need (b) for 1month to 24 month as in the schedule image text in transcribed
Japanese Yen Forward. Use the following spot and forward bid-ask rates for the Japanese yen/U.S. dollar (4/3) exchange rate f a. What is the mid-rate quote for each maturity? b. What is the annual forward premium on the yen for all maturities? (Assume that the U.S. dollar is the home currency) c. Which maturities have the smallest and largest forward premiums? (Click on the icon to import the table into a spreadsheet PeriodS Bid Rate WS Ask Rate spot 1 month 2 months 3 months 6 months 12 months 24 months 2 months 82.4982.54 82.17 81.96 81.49 80.25 79.99 78.90 82.13 81.92 81.45 80.20 79.94 78.86 60 3 months 6 months 12 months 24 months 81.92 81.45 80.20 79.94 78.86 81.96 81.49 80.25 79.99 78.9078.880 81.940 81.470 80.225 79.965 90 180 360 720 b. What is the annual forward premium on the yen for all maturities? (Assume that the U.S. dollar is the home currency) Calculate the annual forward premium for all maturities below: (Round to three decimal places.) Bid Rate XIS Ask Rate Forward Days Period Forward IS Premium 82.49 82.54 Spot 30 82.13 82.17 1 month

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