Compute difference between forward rate and spot rate

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1) Does forward market exist on Japan currency against US dollar and / or other major currencies? Find the one year forward rate at the beginning of year 2014 and 2015.

2) compute the difference between forward rate and spot rate. Is it a Premium or discount at the beginning of year 2014 and 2015?

3) Use above results and information from question 1 to check if interest rate parity holds for year 2014 and 2015.

5) Future and option. Does future or option market exist for your currency? Please example of a future or option quote.

Reference no: EM131352344

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