If the spot rate of the Israeli shekel is 5.51 shekels per dollar
If the spot rate of the Israeli shekel is 5.51 shekels per dollar and the 180-day forward rate is 5.97 shekels per dollar, then the forward rate for the Israeli shekel is selling at a ____ to the spot rate. a. premium of 18% b. discount of 8% c. discount of 18% d. premium of […]