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The current spot rate is EUR0.75/AUD. A forward contract has a forward rate of EUR0.8186/AUD and is selling at a 17.50% annualized (360-day year) premium.

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The current spot rate is EUR0.75/AUD. A forward contract has a forward rate of EUR0.8186/AUD and is selling at a 17.50% annualized (360-day year) premium. Which of the following is closest to the number of days of this forward contract? a. 188 b. 172 c. 133 d. There is not enough information to answer this question. e. None of the options in this question are correct

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