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


Asked by 3 years ago
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  1. 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%

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Answered by 3 years ago
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 If the spot rate of the Israeli shekel is 5.51 shekels per dolla

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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 Israeli shekel is selling at a ________________ to the spot rate. Discount ( )/ () x 100% % a. premium of 8% b. premium of 18% c. discount of 18% d.

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Asked: 3 years ago

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