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porte OPY Part B: 60 points Conceptual questions / Numerical problems 1. Forward-premium calculation: Suppose the direct 90-day forward quote for the Danish kroner in

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porte OPY Part B: 60 points Conceptual questions / Numerical problems 1. Forward-premium calculation: Suppose the direct 90-day forward quote for the Danish kroner in Frankfurt is given to you as EUR 0.2943 -0.2957/DKK and spot rate as EUR 0.2921 -0.2948/ DKK. Based on the bid or ask rates, which currency is at a forward-premium with respect to the other currency? How much is this forward-premium? (Hint: Use either bid or ask rates) (6 points) a. Please type formula here: b. Please provide the reasoning for your answer: c. Calculate the forward-premium here

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