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Suppose that the 6-month forward rate for the dollar in terms of the Swiss franc for Wednesday was SF0.9680/$. If a currency dealer wanted to
- Suppose that the 6-month forward rate for the dollar in terms of the Swiss franc for Wednesday was SF0.9680/$.
- If a currency dealer wanted to quote the U.S. dollars 6-month forward rate as a premium or discount, what would that discount or premium be (up to 4 decimal places)?
- If a currency dealer wants to quote the Swiss francs 6-month forward rate as a discount or premium, what would that discount or premium be (up to 4 decimal places)?
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Principles Of Managerial Finance
Authors: Chad Zutter, Scott Smart
16th Global Edition
1292400641, 978-1292400648
