Spot exchange rate (bid) = $1.1685/ Spot exchange rate (ask) = $1.1688/ 6-month forward points (bid) = 46 6-month forward points (ask) = 48 Calculate the 6-month forward exchange rate (bid).

$1.1639/

$1.1731/

$1.1734/

$1.1640/

$1.1642/

Spot exchange rate (bid) = 105.10/$ Spot exchange rate (ask) = 105.12/$ 6-month forward points (bid) = -4 6-month forward points (ask) = -3 Calculate the 6-month forward exchange rate (ask).

105.15/$

105.06/$

105.14/$

105.08/$

105.09/$

Answer rating: 100% (QA)

Answer Scenario 1 Spot exchange rate bid 11685 Spot exch... View the full answer