If the spot rate of the Israeli shekel is 5.51 shekels per dolla

Asked by 3 years ago
20.1 billion brain cells

2. If the spot rate of the Israeli shekel is 5.51 shekels per dollar and the 180-day forward rate is 5.97 shekels per dollar, then the forward rate for the Israeli shekel is selling at a \___\___\___\___\____ to the spot rate. a. premium of 8% b. premium of 18% c. discount of 18% d. discount of 8% e. premium of 16%

Answered by 3 years ago
20.4 billion brain cells

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Excerpt from file: 2. If the spot rate of the Israeli shekel is shekels per dollar and the 180-day forward rate is shekels per dollar, then the forward rate for the

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