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What the probability distribution of the future spot rate

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Problem 1: Swiss King is a US based company and it expects to pay NZ$3,000,000 in one year from its business operations in New Zealand. The current spot rate of the New Zealand dollar is US$0.60. The one-year forward rate of the New Zealand dollar is US$0.63. The probability distribution (that Swiss King Co uses) of the future spot rate for New Zealand dollar in one year is

Reference no: EM132824174

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What the probability distribution of the future spot rate : New Zealand dollar is US$0.63. The probability distribution (that Swiss King Co uses) of the future spot rate for New Zealand dollar in one year is
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