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The 90-day NZD/GBP forward exchange rate is 2.10 and the 90-day forward premium of GBP against the NZD is 5 percent. What is the NZD/GBP
The 90-day NZD/GBP forward exchange rate is 2.10 and the 90-day forward premium of GBP against the NZD is 5 percent. What is the NZD/GBP spot exchange rate?
a.2.0000
b.2.1263
c.2.2050
d.2.0741
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