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
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