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The Wall street Journal reported the fol...
The Wall street Journal reported the following spot and forward rates for Swiss Franc ($/SF)

Spot $0.8202
30-day forward $0.8244
90-day forward $0.8295
180-day forward $0.8343

a) Was the 30 - day forward a discount or premium?

b) Suppose you executed a 90 day forward contract to exchange 100,000 Swiss Francs (SF) into U.S. dollars. How many dollars would you get 90 days hence?

c) Find the current exchange rates for ten countries from around the world. List the name of each country, Capital City, exchange rate per U.S. dollar and what will be the total amount in local currency (for those countries you have selected) if you exchange $800. Make sure to cite your work.

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