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The following information is provided for the Korean Won @ the US $ Spot: 0.00081 0.00091 95-day forward: 0.00072 - 0.00082 190-day forward: 0.00065 -

The following information is provided for the Korean Won @ the US $

Spot: 0.00081 0.00091

95-day forward: 0.00072 - 0.00082

190-day forward: 0.00065 - 0.00071

a) Compute the 190-day forward premium of discount on the Korean Won @ the US$. Use Bid rates only.

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