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Question 3 15 pts Find the rate for the forwards quotes using the points below: Time Period Rate $1.1400/16 Spot 3-month points +82 A. Forward

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Question 3 15 pts Find the rate for the forwards quotes using the points below: Time Period Rate $1.1400/16 Spot 3-month points +82 A. Forward Rate is Find the forward premium for the 3-month maturity below: Forward Premium/Discount % Spot Rate 128.00 JPY/USD 3 mo. Forward Rate (not points) 120.00 JPY/USD B. FWD Prem/Disc is The Forward Rate (A) and FWD Prem/Disc (B) are: O 1.1482, 26.67% O 1.1482.-25.00% O 1.2220.-25.00% O 1.2220, 26.67%

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