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(Related to Checkpoint 19.2) (Determining the percent-per-annum premium or discount) You are in need of Swiss francs in six months, but before entering a forward
(Related to Checkpoint 19.2) (Determining the percent-per-annum premium or discount) You are in need of Swiss francs 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 Swiss franc using the data given in the following table: The from the existing Swiss franc spot rate is \%. (Select from the drop-down menu and round to four decimal places.) Data table
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