Question
The 111-day forward rate for the euro is $1.2, while the current spot rate for the euro is $1.02. What is the annualized percentage (%)
The 111-day forward rate for the euro is $1.2, while the current spot rate for the euro is $1.02. What is the annualized percentage (%) of the forward premium or discount of the euro? (Please round up to 2 decimals)
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Introductory Econometrics For Finance
Authors: Chris Brooks
4th Edition
110843682X, 9781108436823
