(Solution) If The Spot Rate Of The Israeli Shekel Is 5.51 Shekels Per Dollar And The 180-day Forward Rate Is 5. | Snapessays.com

(Solution) If the spot rate of the Israeli shekel is 5.51 shekels per dollar and the 180-day forward rate is 5.

2. If the spot rate of the Israeli shekel is 5.51 shekels per dollar and the 180-day forward rate is 5.97 shekels per dollar, then the forward rate for the Israeli shekel is selling at a ________________ to the spot rate.

a. premium of 8%

b. premium of 18%

c. discount of 18%

d. discount of 8%

e. premium of 16%

Please explain your answer

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This question was answered on: May 23, 2022

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