Question
Your answer is incorrect. Try again. The spot rate on the London market is 0.5525/$, while the 90-day forward rate is 0.5587/$. What is the
| Your answer is incorrect. Try again. | |
The spot rate on the London market is 0.5525/$, while the 90-day forward rate is 0.5587/$. What is the annualized forward premium or discount on the British pound? (Round answer to 2 decimal places, e.g. 17.54%. Use 360 days for calculation.)
| Forward premium or (discount) | % |
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Pricing And Hedging Financial Derivatives A Guide For Practitioners
Authors: Leonardo Marroni, Irene Perdomo
1st Edition
1119953715, 978-1119953715
