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please answer both!! On Nov 1, 2022, the spot rate was 9983 EUR/USD. The 3-month forward rate 9826 EUR/USD on that date. What is the
please answer both!!
On Nov 1, 2022, the spot rate was 9983 EUR/USD. The 3-month forward rate 9826 EUR/USD on that date. What is the EUR/USD's annual forward premium or discount? A. 6.39% forward discount B. 6.39% forward premium C. 6.29% forward discount D. 6.29% forward premium What do we call the theory that states that a relative change in the prevailing inflation rate in one country will be reflected as an equal but opposite change in the value of its currency? A. Fx parity B. Exchange rate parity C. Purchase power parity D. Interest rate parity Step by Step Solution
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