80.2K

Verified Solution

Question

Finance

Based on the following table.

Bid

Ask

EURUSD 1M FWD

7.05

7.34

EURUSD 2M FWD

14.99

15.15

EURUSD 3M FWD

22.57

23.05

EURUSD 4M FWD

30.25

30.55

EURUSD 5M FWD

38.03

38.43

EURUSD 6M FWD

45.91

47.2

EUR/USD Spot

1.2218

1.2224

What is the average annualized forward premium/discount for the EUR if you use the 2M forward contract (Format for answer: X.XX% or X.XX%)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students