Question
The following table shows the midmarket (i.e., average of the bid and offer) for the current YEN/GBP spot exchange rate as well as for GBP
The following table shows the midmarket (i.e., average of the bid and offer) for the current YEN/GBP spot exchange rate as well as for GBP and YEN 270-day LIBOR (annualized):
| Spot (YEN/GBP) | 1.2089 |
| 270-day LIBOR (GBP) | 5.25% |
| 270-DAY LIBOR (YEN) | 1.25% |
- What is the forward premium or discount for a 270-day forward contract for YEN/GBP?
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Industrial Relations in Canada
Authors: Fiona McQuarrie
4th Edition
978-1-118-8783, 1118878396, 9781119050599 , 978-1118878392
