Question: Using the table below calculate the one , three , and six-month forward premium of discount for the UK pound versus the US dollar using

Using the table below calculate the one , three , and six-month forward premium of discount for the UK pound versus the US dollar using American term quotation. Assume each month has 30 days. What is the interpretation of your results?

In US

Per US

Uk pound

1.4402

0.6944

1-mon forward

1.4403

0.6943

3-mon forward

1.4407

0.6941

6- mon forward Using the table below calculate the one , three , and six-month forward premium of discount for the UK pound versus the US dollar using American term quotation. Assume each month has 30 days. What is the interpretation of your results?

In US

Per US

Uk pound

1.4402

0.6944

1-mon forward

1.4403

0.6943

3-mon forward

1.4407

0.6941

6- mon forward

0.009172

109.03

Yan-Japan Using the table below calculate the one , three , and six-month forward premium of discount for the UK pound versus the US dollar using American term quotation. Assume each month has 30 days. What is the interpretation of your results?

	In US	Per US
Uk pound	1.4402	0.6944
1-mon forward	1.4403	0.6943
3-mon forward	1.4407	0.6941
6- mon forward	1.4416	0.6943
Yan-Japan	0.009172	109.03
1-mon forward	0.009179	108.94
3-mon forward	0.009198	108.72
6-mon forward	0.009230	108.34

108.94

1-mon forward

0.009179

3-mon forward

6-mon forward

109.03

Yan-Japan

0.009179

108.94

1-mon forward

0.009179

3-mon forward

6-mon forward

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