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Using the following table, calculate the 3-month forward cross-exchange rate of Swiss franc in terms of pounds from Monday. Country USD equiv. Tuesday Monday
Using the following table, calculate the 3-month forward cross-exchange rate of Swiss franc in terms of pounds from Monday. Country USD equiv. Tuesday Monday Tuesday Currency per USD Monday U.K. (Pound) 1.7368 1.7424 0.5758 0.5739 1 Month Forward 1.7369 1.7425 0.5757 0.5739 3 Months Forward 1.738 1.7434 0.5754 0.5736 6 Months Forward 1.7409 1.7461 0.5744 0.5727 Canada (Dollar) 0.8667 0.8653 1.1538 1.1557 1 Month Forward 0.8674 0.866 1.1529 1.1547 3 Months Forward 0.8688 0.8674 1.151 1.1529 6 Months Forward 0.8708 0.8693 1.1484 1.1504 Japan (Yen) 0.008518 0.008495 117.3985 117.7163 1 Month Forward 0.008548 0.008525 116.0631 117.3021 3 Months Forward 0.008616 0.008593 116.0631 116.3738 6 Months Forward 0.008724 0.0087 114.6263 114.9425 Switzerland (Franc) 0.7648 0.7652 1.3075 1.3068 1 Month Forward 0.767 0.7674 1.3038 1.3031 3 Months Forward 0.7718 0.7722 1.2957 1.295 6 Months Forward 0.7791 0.7794 1.2835 1.283 0.4407 O 0.4429 2.2519 2.2578
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