Question
What isthe forward premium on the dollar (the dollar is the home currency, so this is foreign currency terms) if the spot rate is1.0600/$ and
What isthe forward premium on the dollar (the dollar is the home currency, so this is foreign currency terms) if the spot rate is1.0600/$ and the 3-month (90 day) forward rate is1.0643/$?
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
7th Edition
013213683X, 978-0132136839
