Question
The spot exchange rate between the Swiss franc and the dollar today is SF0.9420/$. The Swiss franc three-month forward rate is quoted at 6.4200% discount.
The spot exchange rate between the Swiss franc and the dollar today is SF0.9420/$. The Swiss franc three-month forward rate is quoted at 6.4200% discount.
What is the outright 3-month forward rate of the Swiss franc in terms of the dollar?
What is the outright 3-month forward rate of the dollar in terms of the Swiss franc?
At what premium/discount would the three-month dollar forward be quoted?
NO PARAGRAPHS
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Financial Statements
Authors: Inc. BarCharts
1st Edition
1423223837, 978-1423223832
