Question
The spot rate of the US dollar is SF0.8260/$. The six-month forward contract for the Swiss franc is quoted by a dealer at 8.80%. The
The spot rate of the US dollar is SF0.8260/$. The six-month forward contract for the Swiss franc is quoted by a dealer at 8.80%. The six month outright forward rate is?
A. SF0.7592/$
B.SF0.8640/$
C. SF0.7912/$
D.SF0.9057/$
E. None of the above
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Multinational Financial Management
Authors: Shapiro A.C.
9th International Edition
8126536934, 9788126536931
