1 - The College of Business
On June 28, 2004, the following bid-ask outright rates were quoted on the US dollar/euro (US$/€) rate: a) b) Calculated Forward Period Days Forward Bid Rate Ask Rate Mid-Rate Premium spot 1.21810 1.21920 1.21865 1 month 30 1.21732 1.21841 1.21787 –0.7730% 2 months 60 1.21679 1.21789 ................
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