Using the following exchange rates between US$ and Australian $, calculate annual forward premium/discount. Period Spot 11 month 19 months 2 months Exchange Rate ($/€) 1.2200 1.2243 1.225 1.2215

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Using the following exchange rates between US$ and Australian $, calculate annual forward
premium/discount.
Period
Spot
11 month
19 months
2 months
Exchange Rate ($/€)
1.2200
1.2243
1.225
1.2215
The 2-month forward premium/discount is
decimal places.)
% (Please keep the sign and at least two
Transcribed Image Text:Using the following exchange rates between US$ and Australian $, calculate annual forward premium/discount. Period Spot 11 month 19 months 2 months Exchange Rate ($/€) 1.2200 1.2243 1.225 1.2215 The 2-month forward premium/discount is decimal places.) % (Please keep the sign and at least two
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