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Using the following data, answer the following questions: Spot: 1 = $1.4487 30day forward: 1 = $1.4498 90day forward: 1 = $1.4511 180day forward: 1
Using the following data, answer the following questions:
Spot: 1 = $1.4487
30day forward: 1 = $1.4498
90day forward: 1 = $1.4511
180day forward: 1 = $1.4529
- How much would 1,500,000 cost in dollars?
- Is the British pound expected to appreciate or depreciate over the next 6 months?
- What is the 90-day forward premium or discount for the British pound?
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Stock Market Investing For Beginners
Authors: Andrew P.C.
1st Edition
1549522132, 978-1549522130
