Compute the forward premium-discount

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You observe the following two quotes:

CHF/USD = 1.1051 - 53

F1M (CHF/USD) = 1.1058 - 68

Compute the Forward Premium/Discount and provide an economic interpretation of your results (that is, do you expect the USD to appreciate, depreciate, or to remain unchanged over the next 30 days?).

Reference no: EM132460620

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