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The one-year forward rate of the British pound is quoted at $1.39, and the spot rate of the British pound is quoted at $1.50. The
The one-year forward rate of the British pound is quoted at $1.39, and the spot rate of the British pound is quoted at $1.50. The forward premium is percent. (Please k the end--so if you find .0567, for example, you will need to enter 5.67 for the answer since the premium is 5.67%; if you find a negative number, please enter the number as need to enter -1.23 for the blank)
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