Problem 21-1 Spot and forward rates (LO21-2] The Wall Street Journal reported the following spot and forward rates for the Swiss franc ($/SF). $0.8219 $0.8538 $0.8557 $0. 8604 Spot 30-day forward 90-day forward 180-day forward points Skipped a. Was the Swiss franc selling at a discount or premium in the forward market? eBook O Premium Discount Hint Print b. What was the 30-day forward premium (or discount) percentage? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) References 30-day forward premium/discount c. What was the 90-day forward premium (or discount) percentage? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) 90-day forward premium/discount d. Suppose you executed a 90-day forward contract to exchange 270,000 Swiss francs into U.S. dollars. How many dollars would you get 90 days hence? Dollars for Swiss francs e. Assume a Swiss bank entered into a 180-day forward contract with Bankers Trust to buy $270,000. How many francs will the Swiss bank deliver in six months to get the U.S. dollars? (Round your answer to 2 decimal places.) Swiss francs for dollars SF Problem 21-1 Spot and forward rates (LO21-2] The Wall Street Journal reported the following spot and forward rates for the Swiss franc ($/SF). $0.8219 $0.8538 $0.8557 $0. 8604 Spot 30-day forward 90-day forward 180-day forward points Skipped a. Was the Swiss franc selling at a discount or premium in the forward market? eBook O Premium Discount Hint Print b. What was the 30-day forward premium (or discount) percentage? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) References 30-day forward premium/discount c. What was the 90-day forward premium (or discount) percentage? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) 90-day forward premium/discount d. Suppose you executed a 90-day forward contract to exchange 270,000 Swiss francs into U.S. dollars. How many dollars would you get 90 days hence? Dollars for Swiss francs e. Assume a Swiss bank entered into a 180-day forward contract with Bankers Trust to buy $270,000. How many francs will the Swiss bank deliver in six months to get the U.S. dollars? (Round your answer to 2 decimal places.) Swiss francs for dollars SF