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Direct on the Dollar. Calculate the forward discount of the euro against the dollar​ (the dollar...

Direct on the Dollar. Calculate the forward discount of the euro against the dollar​ (the dollar is the home​ currency) if the spot rate is $ 1.6257 divided by pound and the 6​-month forward rate is $ 1.6045 divided by pound. ​Note: Use a​ 360-day year. The forward premium on the dollar is nothing​%.

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Spot nate : € 1 = $ 1.6257 16 month forward rate & € 1 = $1.6045 100 Discount percent =(forward Rate - Spot Reute) x 360 spotPLEASE DON’T FORGET TO GIVE A THUMBS UP ??!!!

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