Question: QUESTION 21 If the current spot rate between the USD and Swiss franc (CHF) is USD 0.85/CHF and the 3-month forward rate is USD 0.82/CHF,

QUESTION 21 If the current spot rate between the USD and Swiss franc (CHF) is USD 0.85/CHF and the 3-month forward rate is USD 0.82/CHF, then: From the information given, you can't tell whether the USD is selling at a premium or discount. the CHF is selling at a forward premium. the USD is selling at a forward discount. the USD is selling at a forward premium
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