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Formulas for simple-interest annualized forward premiums (discounts) Direct (c.g., EUR/USD) Indirect (e.g., USD/JPY) %P/D = 6-1) 360 %P/D So Ft 1) 360 t 7. Below

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Formulas for simple-interest annualized forward premiums (discounts) Direct (c.g., EUR/USD) Indirect (e.g., USD/JPY) %P/D = 6-1) 360 %P/D So Ft 1) 360 t 7. Below are recent spot and forward midpoint exchange rates for the British pound, Swiss franc, and Mexican peso. Complete the table by calculating the annualized percentage forward premiums or discounts on the GBP and MXN for the 90-day and one-year forward term. Show annualized percentages as +/- #.##%. Spot F90 % F1 yr % GBP/USD $1.3385 $1.3400 a % $1.3420 b _% USD/CHF 0.9075 0.9048 _% 0.8970 d % USD/MXN 19.980 20.170 % 20.850 f _% Formulas for simple-interest annualized forward premiums (discounts) Direct (c.g., EUR/USD) Indirect (e.g., USD/JPY) %P/D = 6-1) 360 %P/D So Ft 1) 360 t 7. Below are recent spot and forward midpoint exchange rates for the British pound, Swiss franc, and Mexican peso. Complete the table by calculating the annualized percentage forward premiums or discounts on the GBP and MXN for the 90-day and one-year forward term. Show annualized percentages as +/- #.##%. Spot F90 % F1 yr % GBP/USD $1.3385 $1.3400 a % $1.3420 b _% USD/CHF 0.9075 0.9048 _% 0.8970 d % USD/MXN 19.980 20.170 % 20.850 f _%

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