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Question 32 3 pts As a foreign exchange trader at Sumitomo Bank, one of your customers would like a yen quote on Australian dollars. Current

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Question 32 3 pts As a foreign exchange trader at Sumitomo Bank, one of your customers would like a yen quote on Australian dollars. Current market rates are: Spot 30-day. 101.37-44/U.S.$1 15-13 A$1.2924-35/U.S.$1 20-26 What outright yen cross rates would you quote on 30-day forward Australian dollars? 78.31-81/A$1 78.04-58/A$1 78.10-26 101.71-88 What is the forward premium or discount on buying 30-day Australian dollars against yen delivery? -1.2% -0.28% -4.137%

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