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The 90 yen to dollar (/$) forward exchange rate is 109.50 , meanwhile the spot rate (/$) rate is 109.38 . a) Calculate the annualized
The 90 yen to dollar (/$) forward exchange rate is 109.50 , meanwhile the spot rate (/$) rate is 109.38 . a) Calculate the annualized forward premium. b) Calculate the annualized forward discount. Question 6 The spot exchange rate is 1.57 dollars per pound. The 30-day forward exchange rate is 0.6211 pounds per dollar. The percent-per-year discount on the 30-day pound is
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