Question
Use the following spot and forward bid-ask rates for the Japanese yen/U.S. dollar (/$) exchange rates. What is the Two Year Forward Premium? spot 85.41
Use the following spot and forward bid-ask rates for the Japanese yen/U.S. dollar (/$) exchange rates. What is the Two Year Forward Premium?
spot 85.41 85.46
1 month 85.02 85.05
2 months 84.86 84.90
3 months 84.37 84.42
6 months 83.17 83.20
12 months 82.87 82.91
24 months 81.17 81.91
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Handbook Of Asian Finance Financial Markets And Sovereign Wealth Funds
Authors: David Lee, Greg N. Gregoriou
1st Edition
0128009829, 978-0128009826
