Question
Spot USD/JPY is 108.00. The 3-month FX forward swap points are quoted 66/65. What is the outright forward rate? Is it a premium or a
Spot USD/JPY is 108.00. The 3-month FX forward swap points are quoted 66/65. What is the outright forward rate? Is it a premium or a discount?
A. 107.34/35, premium
B. 108.66/65, discount
C. 107.34/35, discount
D. 108.65/66, premium
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Healthcare Finance An Introduction To Accounting And Financial Management
Authors: Louis Gapenski
1st Edition
1567930905, 978-1567930900
