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p Value of 1 unit of currency A in units of currency B = (Value of currency Ain $/(Value of currency B in $) (FR-S/S]

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p Value of 1 unit of currency A in units of currency B = (Value of currency Ain $/(Value of currency B in $) (FR-S\/S] X (360) p-|(1+ W/(1+1 -1 If the spot rate of the Euro is $1.30, and the 180-day forward rate is $1.25, what is the annualized premium or discount? 769 percent discount 8.0 percent discount 7.69 percent premium 8.0 percent premium

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