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Question 8 Not yet answered Maried out of 100 Flag question The following is the exchange rates between BHD and INR in the foreign exchange

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Question 8 Not yet answered Maried out of 100 Flag question The following is the exchange rates between BHD and INR in the foreign exchange market. From the information answer following question Currency Spot 1 month forward Bid Ask Bid Ask BHD/INR INR 70.80 INR 71.05 INR 70.30 INR 70.81 Determine annualized percentage premium or discount for Ask price. a. 23.890 per annum premium b. - 4.0535 per annum discount C 14 567 per annum premium d. - 14.567 per annum discount

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