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

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The Wall Street Journal reported the following spot and forward rates for the Swiss franc (\$ per 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? Note: Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places. c. What was the 90-day forward premium (or discount) percentage? Note: 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 110,000 Swiss francs into U.S. dollars. How many dollars would you get 90 days hence? e. Assume a Swiss bank entered into a 180 - day forward contract with Bankers Trust to buy $110,000. How many francs will the Swiss bank deliver in six months to get the U.S, dollars? Note: Round your answer to 2 decimal places

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