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urgent can anyone help me please : As a British foreign exchange trader, you have been given the following information between GBP and THB: GBP/THB
urgent can anyone help me please :
As a British foreign exchange trader, you have been given the following information between GBP and THB:
| GBP/THB Rate | 3-month | 9-month |
| Current Spot Rate | 0.0310 - 0.0315 | 0.0314 - 0.0320 |
| Forward Points | 40 - 60 | 90 - 80 |
Required:
| Assuming that THB is being bought, what is the premium or discount for 9-month |
| forward rate? |
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
