Question: Determine the forward premium [discount] for the currency and maturity as specified in each row of the following table of rates quoted as HuFI/$

Determine the forward premium [discount] for the currency and maturity as specified in each row of the following table of rates quoted as HuFI/$ [HuFI denotes Hungarian Florint]. Currency $ HuFI spot rate 247.785 247.785 forward rate Maturity 267.25 252.805 12months 3months

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