Day forward rate on the australian dollar

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Reference no: EM132554884

A) The spot price on the Euro is $1.154 today and the 60 day Forward rate on the Euro is selling at an annualized 2% forward discount. What is the 60 day Forward rate on the Euro?

B) The spot price on the Australian Dollar (AUD) is $0.724/1AUD and the 90 day Forward rate on the Australian Dollar is selling at an annualized 5% forward premium. What is the 90 day Forward rate on the Australian Dollar?

Reference no: EM132554884

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