Question
On July 26, 1993, the interbank spot rate was 1.5205 - 1.5215 SF/$, while the interbank three month SF/$ swap rate was quoted as 53
On July 26, 1993, the interbank spot rate was 1.5205 - 1.5215 SF/$, while the interbank three month
SF/$ swap rate was quoted as 53 - 59. What were the three-month forward rates? Which
currency ($ or SF) was trading at a premium in the forward market?
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Rich Dads Increase Your Financial IQ Get Smarter With Your Money
Authors: Robert T. Kiyosaki
1st Edition
1612680658, 978-1612680651
