The Wall Street Journal reported the following spot and forward rates for the Swiss franc ($/SF):Spot $0.943230-day forward $0.948190-day forward $0.9531180-day forward $0.9594a. Was the Swiss franc selling at a discount or premium in the forward market?b. What was the 30-day forward premium (or discount)?c. What was the 90-day forward premium (or discount)?d. Suppose you executed a 90-day forward contract to exchange 100,000 Swiss francs into U. S. dollars. How many dollars would you get 90 days hence?
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The Wall Street Journal reported the following spot and forward rates for the Swiss franc ($/SF):Spo...
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