Q. From the data given below which option is true?Spot 1 month’s Forward Rs./GBP 94.85 94.95 (Solved)
1. 1 month’s forward is at 1.27% premium
2. 1 month’s forward is at 0.11% premium
3. 1 month’s forward is at 1.27% discount
4. 1 month’s forward is at 0.11% discount
- a. 1 month’s forward is at 1.27% premium