The spot rate on the London market is 0.5525/$, while the 90-day forward rate is 0.5587/$. What

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The spot rate on the London market is 0.5525/$, while the 90-day forward rate is 0.5587/$. What is the annualized forward premium or discount on the British pound?(Round answer to 2 decimal places, e.g. 17.54%. Use 360 days for calculation.)

Forward premium or (discount)

Posted Date: May 19, 2024 02:14 PM

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The spot rate on the London market is 0.5525/$, while the 90-day forward rate is 0.5587/$. What

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