The spot rate of the dollar is SF1.2948/$. The six-month forward contract for the Swiss...
50.1K
Verified Solution
Link Copied!
Question
Finance
The spot rate of the dollar is SF1.2948/$. The six-month forward contract for the Swiss franc is quoted by a dealer at 8.80% discount. The six-month outright forward rate is...
| SF1.2378/$ | ||
| SF1.2402/$ | ||
| SF1.3518/$ | ||
| SF1.3544/$ | ||
| SF1.4197/$
|
The Swiss franc spot rate is $0.7260/SF and the Swiss franc 3-month forward rate is $0.7020/SF. At what discount or premium would the Swiss franc be quoted?
| 13.22%, premium | ||
| 13.22%, discount | ||
| 13.68%, discount | ||
| 13.68%, premium | ||
| 3.31%, discount |
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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.