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Suppose following spot and forward rates for the euro ( $ / euro ) were reported: a - 1 . Was the euro selling at
Suppose following spot and forward rates for the euro $euro were reported:
a Was the euro selling at a discount or premium in the forward market at days.
Premium
Discount
a Was the euro selling at a discount or premium in the forward market at days.
Premium
Discount
a Was the euro selling at a discount or premium in the forward market at days.
Premium
Discount
b What was the day forward premium or discountNegative answer should be indicated by a minus sign. Do
not round intermediate calculations. Round the final answer to decimal places.
day forward premiumdiscount
c What was the day forward premium or discountDo not round intermediate calculations. Round the final
answer to decimal places. Negative answer should be indicated by a minus sign.
day forward premiumdiscount
d Suppose you executed a day forward contract to exchange euros into Canadian dollars. How many
dollars would you get days hence? Omit $ sign in your response.
Dollars for euros
e Assume a French bank entered into a day forward contract with TD Bank to buy $ How many euros will
the French bank deliver in six months to get the Canadian dollars? Do not round intermediate calculations. Round the
final answer to the nearest whole dollar. Omit sign in your response.
Euros for dollars
Don't need to do a aa thank you!
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