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The Wall Street Journal reported the following spot and forward rates for the Swiss franc ($/SF) Spot $0.8202 30 day forward $0.8244 90 day forward...

The Wall Street Journal reported the following spot and forward rates for the Swiss franc ($/SF)Spot $0.820230 day forward $0.824490 day forward $0.8295180 day forward $0.8343a) Was the Swiss franc selling at a discount or premium in the forward market?b) What was the 30-day forward premium (or discount)?c) What was the 90-day forward premium (or discount)?d) Suppose you executed a 90-day forward contract to exchange 100,000 Swiss francs into US dollars. How many dollars would you get 90 days hence?e) Assume a Swiss bank entered into a 180-day forward contract with Bank of America to buy 4100,000. How many francs will the Swiss bank deliver in six months to get the US dollars?

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