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Today's spot rate is So $0.009057355. The 90-day forward rate is F $0.008772945 a.) Calculate the forward premium on Japanese yen in basis points and
Today's spot rate is So $0.009057355. The 90-day forward rate is F $0.008772945
a.) Calculate the forward premium on Japanese yen in basis points and as a percentage premium or discount over the 90-day period. 59 Foreign Exchange and Eurocurrency Markets
b.)calculate the forward premium on Japanese yen as an annualized percentage premium following the U.S. convention.
c.) Calculate the forward premium on Japanese yen as an effective annual percentage rate (APR)
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