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Suppose following spot and forward rates for the euro ($/euro) were reported: Spot 30-day forward 90-day forward 1.6378 1.6377 1.6377 1.6384 180-day forward a-1.
Suppose following spot and forward rates for the euro ($/euro) were reported: Spot 30-day forward 90-day forward 1.6378 1.6377 1.6377 1.6384 180-day forward a-1. Was the euro selling at a discount or premium in the forward market at 30 days. Premium Discount a-2. Was the euro selling at a discount or premium in the forward market at 90 days. Discount Premium a-3. Was the euro selling at a discount or premium in the forward market at 180 days. O Discount O Premium b. What was the 30-day forward premium (or discount)? (Negative answer should be indicated by a minus sign. Do no intermediate calculations. Round the final answer to 2 decimal places.) 30-day forward premium/discount % Novt
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