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(Related to Checkpoint 19.1 and Checkpoint 19.1 (Determining the percent-per-annum premium or discount) You are in need of Canadian dollars in six months, but before
(Related to Checkpoint 19.1 and Checkpoint 19.1 (Determining the percent-per-annum premium or discount) You are in need of Canadian dollars in six months, but before entering a forward contract to buy them, you would like to know their premium or discount from the existing spot rate. Calculate the premium or discount from the existing spot rate for the 6-month Canadian dollar as of December 26 2012 using the data given in the following table The from the existing Canadian dollar sport rate la Select from the drop-down ment and found to four decimal places) premium discount Related to Checkpoint 19.1 and Checkpoint 19.22 (Determining the percent per annum premium or discount) You are in need of Canadian dollars in sex months but before entering a forward contract to buy them you would like to know their premium or discount from the existing spot rate. Calculate the premium or discount from the existing Spot rate for the month Canadian dollar as of December 26 2012 using the data given in the following table The from the existing Canadian dolar spot rate is Data Table Country Currency Canada dollar 6 mos forward Japanyen 6mos fond Switzerland frant 6-mos forward UK pound 6-os forward In USS 0.9700 09698 0.010790 0010803 0.9772 0.9783 16028 16000 Per USS 10309 10311 926097 925669 1 0233 1 0222 0.6239 06247 Print Done
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