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the WALL STREET JOURNAL reported the following spot and forward rates for the Swiss franc ($/) Spot 30-days forward 90-days forward 180-days forward $0.8225 $0.8550

the WALL STREET JOURNAL reported the following spot and forward rates for the Swiss franc ($/) Spot 30-days forward 90-days forward 180-days forward $0.8225 $0.8550 $0.8563 $0.8610 1) Was the swiss Franc selling at a discount or premium in the forward market? 2) What was the 30-day forward premium (or discount)? 3) What was the 90-day forward premium (or discount)? 4) Suppose you executed a 90-days forward contract to exchange 350,000 swiss francs into US Dollars. How many dollars would you get after 90 days? 5) Assume a swiss bank entered into a 180-days forward contract to buy $500,000 how many Swiss francs will the swiss bank deliver in six months to get the US dollars

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