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On your computer terminal, you observe the following spot and 1, 2, and 3 month forward rates on the dollar per swiss franc exchange
On your computer terminal, you observe the following spot and 1, 2, and 3 month forward rates on the dollar per swiss franc exchange rate: S($/SFr)-0.85 F($/SFr)=0.87 F($/SFr) = 0.89 Fa($/SFr) -0.94 What is the 3-month forward premium/discount on the Swiss Franc? Assume 30-day months and 360-day years. Use a negative sign in the case of a discount. Enter your response in decimal form, rounded to four decimal places.
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