Question
The current us dollar yen spot rate is 125 yen/$. if the 90 day forward exchange rate is 127 yen/$ then the yen is selling
The current us dollar yen spot rate is 125 yen/$. if the 90 day forward exchange rate is 127 yen/$ then the yen is selling at a per annum ________ of ________.
a. premium; 1.57%
b. premium; 6.3%
c. discount ;1.57%
d. discount 6.3%
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Handbook Of Global Financial Markets
Authors: Sabri Boubaker, Duc Khuong Nguyen
1st Edition
9813236647, 978-9813236646
