The following quotes are given for the Euro against the US dollar: 0.9075 - 85,15-10,22-11,30-15 for the spot,one month,three months and six months forward contracts.
a)Calculate the outright quotations and the spread for each maturity.
b)Is the dollar at a forward premium or discount?
c)Where are the interest rates higher?
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Q23: If CIBC posts 1.10 CA$/US$ - 1.14
Q24: The 3 month forward rate between British
Q25: The 3 month forward rate between British
Q26: If the speculator's predictions prove correct,the speculator
Q27: If CIBC posts 1.10 CA$/US$ - 1.14
Q28: The current spot exchange rate is $1.6/euro
Q29: Assume the following quotes:
1)Bank A: $1.5400/pound
2)Bank B:
Q30: If the speculator's predictions prove wrong and
Q31: The following rates are given:
Q32: The speculator
A) Should sell the British pound
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