Suppose that the 120-day forward rate is F=190/$. The spot rate is S=180/$. Find the forward premium

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Suppose that the 120-day forward rate is F=¥190/$. The spot rate is S=¥180/$. Find the forward premium or discount for the yen. Do not use any unit. Also, make sure to round your answers to the nearest 10000th decimal points.

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Auditing A Practical Approach

ISBN: 978-1742165943

1st Canadian Edition

Authors: Robyn Moroney

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Posted Date: May 22, 2023 02:07 AM

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Suppose that the 120-day forward rate is F=190/$. The spot rate is S=180/$. Find the forward premium

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To calculate the forward premium or discount for the yen we can use t... View the full answer

Auditing A Practical Approach

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