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Suppose the spot and six-month forward rates on the Norwegian krone are Kr 8.39 and Kr 8.48, respectively. The annual risk-free rate in the United

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Suppose the spot and six-month forward rates on the Norwegian krone are Kr 8.39 and Kr 8.48, respectively. The annual risk-free rate in the United States is 3.8 percent, and the annual risk-free rate in Norway is 5.7 percent. b. The six-month forward rate on the Norwegian krone would have to be kr/l (Do not round intermediate calculations and round your answer to 4 decimal prevent arbitrage places, e.g., 32.1616.) Use the information below to answer the questions that follow. Poland Zloty (zl) Switzerland Franc (SF) U.S. $ EQUIVALENT 0.2686 0.8008 How many dollars can you get with 100 Polish zloty? $ 26.86 $ 372.30 $ 28.20 s 25.52 $ 390.92 .: Next > How many dollars can you get with 100 Swiss francs? $ 80.08 $ 124.88 $ 84.08 $ 76.08 $ 131.12 What is the cross-rate for Swiss francs in terms of Polish zlotys? 0.3354 SF / zl 2.9814 SF / zl 0.3522 SF / zl 0.3186 SF / zi 3.1305 SF / zi What is the cross-rate for Polish zlotys in terms of Swiss francs? 2.9814 zl / SF 0.3354 zl / SF 3.1305 zl / SF 2.8323 zl / SF 0.3522 zl / SF

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