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Based on the following table.   Bid Ask EURUSD 1M FWD 7.05 7.34 EURUSD 2M FWD 14.99 15.15 EURUSD 3M FWD 22.57 23.05 EURUSD 4M FWD 30.25 30.55 EURUSD 5M FWD 38.03 38.43 EURUSD 6M FWD 45.91 47.2 EUR/USD Spot 1.1411 1.1422   What is the average annualized forward premium/discount for the EUR if you use the 3M forward contract (Format for answer: X.XX% or –X.XX%)

Based on the following table.   Bid Ask EURUSD 1M FWD 7.05 7.34 EURUSD 2M FWD 14.99 15.15 EURUSD 3M FWD 22.57 23.05 EURUSD 4M FWD 30.25 30.55 EURUSD 5M FWD 38.03 38.43 EURUSD 6M FWD 45.91 47.2 EUR/USD Spot 1.1411 1.1422   What is the average annualized forward premium/discount for the EUR if you use the 3M forward contract (Format for answer: X.XX% or –X.XX%)

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Based on the following table.

 
Bid
Ask
EURUSD 1M FWD
7.05
7.34
EURUSD 2M FWD
14.99
15.15
EURUSD 3M FWD
22.57
23.05
EURUSD 4M FWD
30.25
30.55
EURUSD 5M FWD
38.03
38.43
EURUSD 6M FWD
45.91
47.2
EUR/USD Spot
1.1411
1.1422

 
What is the average annualized forward premium/discount for the EUR if you use the 3M forward contract (Format for answer: X.XX% or –X.XX%)

 

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