The €/$ spot exchange rate is $1.60/€, and the 90-day forward premium is 10 percent. Find the 90-day forward price.$2.24/€$1.64/€$1.76/€All choices are incorrect.

The current spot exchange rate is E$/€ = 1.20. The current 90-day forward exchange rate is F$/€ = 1.18. You strongly expect the spot rate to be $1.22 per euro in 90 days. How would you speculate (take exchange rate risk with expectation that you will make profits) using a forward contract?

Suppose that the current exchange rate is €0.80 = $1.00. The direct quote, from the U.S. perspective isGroup of answer choicesnone of the options€0.80 = $1.00.£1.00 = $1.80.€1.00 = $1.25.

A bank has to quote a rate to its customer for purchase of a demand export bill withtransit period of 15 days. The interbank spot rate is Rs. 55.60 / $ and the one month forwardrate is Rs 56.00 / $. If the exchange margin charged by the bank is 0.1% what rate should thebank quote?

Suppose that the current exchange rate is £1.00 = $1.50. The indirect quote from the U.S. perspective is £1.00 = $1.50.$0.67 = £1.00.£0.67 = $1.00.all choices are incorrect.

Suppose you observe a spot exchange rate of $2.00/£. If interest rates are 5 percent per annum in the U.S. and 2 percent per annum in the U.K., what is the no-arbitrage one-year forward rate?Group of answer choices£1.9429/$$1.9429/££2.0588/$$2.0588/£