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The Wall Street Journal reported the following spot and forward rates for the Swiss franc ( $ / SF ) . Spot $ 0 .
The Wall Street Journal reported the following spot and forward rates for the Swiss franc $SF Spot $ day forward $ day forward $ day forward $ a Was the Swiss franc selling at a discount or premium in the forward market? multiple choice Discount Premium Correct b What was the day forward premium or discount percentage? Do not round intermediate calculations. Input your answer as a percent rounded to decimal places. c What was the day forward premium or discount percentage? Do not round intermediate calculations. Input your answer as a percent rounded to decimal places. d Suppose you executed a day forward contract to exchange Swiss francs into US dollars. How many dollars would you get days hence? e Assume a Swiss bank entered into a day forward contract with Bankers Trust to buy $ How many francs will the Swiss bank deliver in six months to get the US dollars? Round your answer to decimal places.
The Wall Street Journal reported the following spot and forward rates for the Swiss franc $SF
Spot $
day forward $
day forward $
day forward $
a Was the Swiss franc selling at a discount or premium in the forward market?
multiple choice
Discount
Premium Correct
b What was the day forward premium or discount percentage? Do not round intermediate calculations. Input your answer as a percent rounded to decimal places.
c What was the day forward premium or discount percentage? Do not round intermediate calculations. Input your answer as a percent rounded to decimal places.
d Suppose you executed a day forward contract to exchange Swiss francs into US dollars. How many dollars would you get days hence?
e Assume a Swiss bank entered into a day forward contract with Bankers Trust to buy $ How many francs will the Swiss bank deliver in six months to get the US dollars? Round your answer to decimal places.
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