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The Wall Street Joumal reported the following spot and forward rates for the Swiss franc ($/SF). a. Was the Swiss franc selling at a discount

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The Wall Street Joumal reported the following spot and forward rates for the Swiss franc (\$/SF). a. Was the Swiss franc selling at a discount or premium in the forward market? Premium Discount b. What was the 30-day forward premium (or discount) percentage? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.)' 30-day forward premium/discount c. What was the 90-day forward premium (or discount) percentage? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) d. Suppose you executed a 90-day forward contract to exchange 310,000 Swiss francs into U.S. dollars. How many dollars would you get 90 days hence? Assume a Swiss bank entered into a 180-day forward contract with Bankers Trust to buy $310,000. How many francs will the Swiss ank deliver in six months to get the U.S. dollars? (Round your answer to 2 decimal places.)

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