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Table 11.4.Forward Exchange Rates

Question 61

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Table 11.4.Forward Exchange Rates
Table 11.4.Forward Exchange Rates -Refer to Table 11.4.On Wednesday,the 90-day forward franc was selling at a: A) 0.8 percent premium per annum against the dollar B) 1.6 percent premium per annum against the dollar C) 0.8 percent discount per annum against the dollar D) 1.6 percent discount per annum against the dollar
-Refer to Table 11.4.On Wednesday,the 90-day forward franc was selling at a:


A) 0.8 percent premium per annum against the dollar
B) 1.6 percent premium per annum against the dollar
C) 0.8 percent discount per annum against the dollar
D) 1.6 percent discount per annum against the dollar

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