Using the data in Table 6.1, calculate the 30-day, 90-day, and 180-day forward premiums for the British
Question:
Using the data in Table 6.1, calculate the 30-day, 90-day, and 180-day forward premiums for the British pound.
Table 6.1
Transcribed Image Text:
Foreign Exchange Rates, Friday, November 30, 2018 Source: Bloomberg. Currency 1 USD buys 37.7281 Argentine Peso Australian 1.3686 Dollar 1-month forward 3-month forward 6-month forward Bahraini Dinar 1-month forward 1.3678 3-month forward 1.3664 Botswana Pula 10.4932 Brazilian Real 3.8670 6-month forward 1.3642 British Pound 0.7843 0.3760 0.7828 0.7806 0.7770 Bulgarian Lev 1.7281 Canadian 1.3289 Dollar Chilean Peso 671.6688 Chinese Yuan 6.9544 Colombian 3233.8213 Peso Croatian Kuna 6.5265 USD Equivalent 0.0265 0.7307 0.7311 0.7318 0.7330 2.6596 0.0953 0.2586 1.2750 1.2775 1.2811 1.2870 0.5787 0.7525 0.0015 0.1438 0.0003 0.1532 1 USD buys Japanese Yen 113.5626 Currency 1-month forward 3-month forward 6-month forward Kuwaiti Dinar 0.3050 Norwegian Krone 113.1875 0.0088 112.6611 Malaysian 4.1845 Ringgit Pakistani Rupee Philippine Peso Polish Zloty Mexican Peso 20.4490 New Zealand 1.4538 Dollar Qatari Riyal Romanian New Leu 111.7771 8.5997 52.3849 3.7784 3.6400 4.1123 Russian Ruble 67.2713 Saudi Arabian 3.7500 Riyal USD equiv. Equivalent 0.0088 Singapore 1.3742 Dollar South African 13.8663 Rand 0.0089 140.1997 0.0071 0.0089 3.2787 0.2390 0.0489 0.6879 0.1163 0.0191 0.2647 0.2747 0.2432 0.0149 0.2667 0.7277 0.0721
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Multinational Financial Management
ISBN: 9781119559900
11th Edition
Authors: Alan C Shapiro, Paul Hanouna
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