Question: Bid / Ask on Aussie Dollar Forward. Use the following spot and forward bid - ask rates for the U . S . dollar to
BidAsk on Aussie Dollar Forward. Use the following spot and forward bidask rates for the US dollar to Australian dollar USD
AUD exchange rate, to answer the following questions:
a What is the midrate for each maturity?
b What is the annual forward premium for all maturities?
c Which maturities have the smallest and largest forward premiums?
a What is the midrate for each maturity?
Calculate the midrate for each maturity below: Round to six decimal places.
Data table
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