Solutions to Problems Set 1
The 90?day forward discount is: [($1.8086 ? $1.8220)/$1.8220] x 4 x 100 = ?2.94%
. The 180?day forward discount is: [($1.7949? $1.8220)/$1.8220] x 2 x 100 ...
The 90?day forward discount is: [($1.8086 ? $1.8220)/$1.8220] x 4 x 100 = ?2.94%
. The 180?day forward discount is: [($1.7949? $1.8220)/$1.8220] x 2 x 100 ...