Question
What is the average annualized forward premium/discount for the JPY if you use the 6M forward contract (Format for answer: X.XX% or -X.XX%) Based on
What is the average annualized forward premium/discount for the JPY if you use the 6M forward contract (Format for answer: X.XX% or -X.XX%)
Based on the following table.
| Instrument | Bid | Ask |
| USDJPY1MFWD | -3.14 | -2.9 |
| USDJPY2MFWD | -6.22 | -5.82 |
| USDJPY3MFWD | -9.78 | -9.18 |
| USDJPY4MFWD | -13.17 | -12.37 |
| USDJPY5MFWD | -16.39 | -15.39 |
| USDJPY6MFWD | -20.44 | -19.24 |
| USDJPYSpot | 100.122 | 100.266 |
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Operations management processes and supply chain
Authors: Lee J Krajewski, Larry P Ritzman, Manoj K Malhotra
9th edition
9788131728840, 136065767, 8131728846, 978-0136065760
