Question
Suppose that the 120-day forward rate is F=190/$. The spot rate is S=180/$. Find the forward premium or discount for the yen. Do not use
Suppose that the 120-day forward rate is F=190/$. The spot rate is S=180/$. Find the forward premium or discount for the yen. Do not use any unit. Also, make sure to round your answers to the nearest 10000th decimal points.
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Financial Markets And Institutions
Authors: Jeff Madura
10th Edition
1285531507, 9781285531502
