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). 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)? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) c. What was the 90-day forward premium (or discount)? (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 230,000 Swiss francs into U.S. dollars. How many dollars would you get 90 days hence? e. Assume a Swiss bank entered into a 180-day forward contract with Bankers Trust to buy $230,000. How many francs will the Swiss bank deliver in six months to get the U.S. dollars? (Round your answer to 2 decimal places.)