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The Wall Street Journa/reported the following spot and forward rates for the Swiss franc (S/SF). Spot $0.8219 30-day forward $0.8538 90-day forward $0.8557 180-day $0.8684

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The Wall Street Journa/reported the following spot and forward rates for the Swiss franc (S/SF). Spot $0.8219 30-day forward $0.8538 90-day forward $0.8557 180-day $0.8684 forward a. Was the Swiss franc selling at a discount or premium in the forward market? Premium O Discount b. What was the 30-day forward premium (or discount) percentage? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) 30-day forward premiun discount c. What was the 30-day forward premium for discount) percentage? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) 90 day forward premondiscount d. Suppose you executed a 90-day forward contract to exchange 270,000 Swiss francs into US dollars. How many dollars would you get 90 days hence? Fences Dollars for Swiss francs e. Assume a Swiss bank entered into a 180 day forward contract with Bankers Trust to buy $270,000. How many francs will the Swiss bank deliver in six months to get the US dollars? (Round your answer to 2 decimal places.) Swiss francs for dollars SF

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