Bank of America quoted the 180-day forward rate on the Swiss franc at $1.0407/SF. The spot rate

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Bank of America quoted the 180-day forward rate on the Swiss franc at $1.0407/SF. The spot rate was quoted at $1.0268/SF. What is the forward premium or discount on the Swiss franc?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Jun 12, 2012 01:46 AM

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Bank of America quoted the 180-day forward rate on the Swiss franc at $1.0407/SF. The spot rate

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Fundamentals of corporate finance

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