Question: 4. Using the following data, answer the following questions: 1 = Spot: $1.4487 1 = 30-day forward: $1.4498 1 = 90-day forward: $1.4511 1 =

 4. Using the following data, answer the following questions: 1 =

4. Using the following data, answer the following questions: 1 = Spot: $1.4487 1 = 30-day forward: $1.4498 1 = 90-day forward: $1.4511 1 = 180-day forward: $1.4529 o How much would 1,500,000 cost in dollars? o Is the British pound expected to appreciate or depreciate over the next 6 months? o What is the 90-day forward premium or discount for the British pound

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