Title: What was the annualized forward premium on the pound if the spot rate on May 6, 2011 was £0.6102/$ a Post by: boland on May 18, 2016 What was the annualized forward premium on the pound if the spot rate on May 6, 2011 was £0.6102/$ and the 180 day forward rate was £0.5836/$?
A) 18.23% B) 8.72% C) 9.12% D) 4.56% Title: Re: What was the annualized forward premium on the pound if the spot rate on May 6, 2011 was £0.6102 Post by: noxx53 on Jun 24, 2016 Content hidden
Title: Re: What was the annualized forward premium on the pound if the spot rate on May 6, 2011 was £0.6102/$ a Post by: boland on Jul 3, 2016 You're amazing, seriously
Title: Re: What was the annualized forward premium on the pound if the spot rate on May 6, 2011 was £0.6102/$ a Post by: noxx53 on Jul 4, 2016 Pleasure is all mine
Title: BFSF: What was the annualized forward premium on the pound if the spot rate on May 6, 2011 was £0.6102/$ a Post by: Dorin Tan on Jun 8, 2023 Help! The answer is missing an explanation...
Title: Re: What was the annualized forward premium on the pound if the spot rate on May 6, 2011 was ... Post by: bio_man on Jun 9, 2023 Here's a similar question and its solution.
Solution: Annualised forward premium on pound=((1/spot pound per dollar)/(1/forward pound per dollar)-1)*360/forward maturity=((1/0.5)/(1/0.5156)-1)*360/180 =6.24% |