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The Wall Street Journal reported the following spot and forward rates for the Swiss franc ($/SF). Spot 30-day forward 90-day forward 180-day forward $0.8208 $0.8516

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The Wall Street Journal reported the following spot and forward rates for the Swiss franc ($/SF). Spot 30-day forward 90-day forward 180-day forward $0.8208 $0.8516 $ 0.8546 $ 0.8593 a. Was the Swiss franc selling at a discount or premium in the forward market? Discount Premium b. What was the 30-day forward premlum (or discount) percentage? (Do not round Intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) Answer is complete and correct. 30-day forward premium/discount 45.03 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.) Answer is complete but not entirely correct. 90-day forward premium/discount 13.52 %

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