Question
The Wall street Journal reported the following spot and forward rates for Swiss Franc ($/SF) Spot $0.8202 30-day forward $0.8244 90-day forward $0.8295 180-day forward
The Wall street Journal reported the following spot and forward rates for Swiss Franc ($/SF) Spot $0.8202 30-day forward $0.8244 90-day forward $0.8295 180-day forward $0.8343 a) Was the 30 - day forward a discount or premium? b) Suppose you executed a 90 day forward contract to exchange 100,000 Swiss Francs (SF) into U.S. dollars. How many dollars would you get 90 days hence?
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Value And Capital Management A Handbook For The Finance And Risk Functions Of Financial Institutions
Authors: Thomas C. Wilson
1st Edition
1118774639, 978-1118774632
