Suppose That What Rate Do You Think a Japanese Bank Would Quote

Suppose that: $$\begin{array} { | l | c | c | c | } \hline & \text { Spot Rate } & \text { 3 Month Forward Rate } & \text { 1 Year Forward Rate } \\\hline \text { sweden (krona) } & 9.3924 & 9.4554 & 9.6239 \\\hline \text { switzerland (frarc) } & 1.5231 & 1.5206 & 1.5143 \\\hline \text { Japan (Yer) } & 123.380 & 122.81 & 120.63 \\\hline\end{array}$$ What rate do you think a Japanese bank would quote for buying or selling Swiss Francs?

A) 81.01 Yen
B) 83.01 Yen
C) 85.01 Yen
D) 87.01 Yen

Correct Answer:

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