How much is the 6 month forward rate for yen

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Reference no: EM132396734

Suppose the following exchange rate quotes:

Spot rate     6-month      forward rate

U.K. (£) .6274       .6279        

Japan (¥) 87.67       86.92        

How much is the 6 month forward rate for yen? The yen is selling at discount or premiun? Why

How much is the forward rate for british pound? is it selling at discount or premium? Why

Based on the information, the value of US does rise or fall compared to the British pound?

Reference no: EM132396734

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