4. (1) Calculate the 1-month, 3-month and 6-month forward premium/discount for US dollar, and (2) calculate the onshore-offshore discrepancy: Spot 1M 3M 6M CNY/USD 7.1518 7.1306 7.0892 7.0258 CNH/USD 7.1550 7.1401 7.1112 7.0660
4. (1) Calculate the 1-month, 3-month and 6-month forward premium/discount for US dollar, and (2) calculate the onshore-offshore discrepancy: Spot 1M 3M 6M CNY/USD 7.1518 7.1306 7.0892 7.0258 CNH/USD 7.1550 7.1401 7.1112 7.0660
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
![4. (1) Calculate the 1-month, 3-month and 6-month forward premium/discount for US dollar, and
(2) calculate the onshore-offshore discrepancy:
Spot
1M
3M
6M
CNY/USD
7.1518
7.1306
7.0892
7.0258
CNH/USD
7.1550
7.1401
7.1112
7.0660](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fffd53ba8-def9-4159-8270-61f8cc0b8021%2F17b83a13-0d8d-4711-ad93-0d875924d41e%2Flu3s5d_processed.png&w=3840&q=75)
Transcribed Image Text:4. (1) Calculate the 1-month, 3-month and 6-month forward premium/discount for US dollar, and
(2) calculate the onshore-offshore discrepancy:
Spot
1M
3M
6M
CNY/USD
7.1518
7.1306
7.0892
7.0258
CNH/USD
7.1550
7.1401
7.1112
7.0660
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