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Problem 21-1 (Algo) Spot and forward rates [LO21-2] The Wall Street Journal reported the following spot and forward rates for the Swiss franc ($ per

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Problem 21-1 (Algo) Spot and forward rates [LO21-2] The Wall Street Journal reported the following spot and forward rates for the Swiss franc (\$ per SF). a. Was the Swiss franc selling at a discount or premium in the forward market? Premium Discount b. What was the 30 -day forward premium (or discount) percentage? Note: Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places. What was the 90 -day forward premium (or discount) percentage? Note: Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places. d. Suppose you executed a 90 -day forward contract to exchange 300,000 Swiss francs intolu. S. dollars. How many dollars would you get 90 days hence? e. Assume a Swiss bank entered into a 180 -day forward contract with Bankets Trust to buy $300.000. How many francs wit the Swiss bank defiver in 5 ix months to get the U.S dollars? Note: Round your answer to 2 decimal places

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