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The Following Quotes Are Given for the Euro Against the US

question 5

Essay

The following quotes are given for the Euro against the US dollar: 0.9075 - 85,15-10,22-11,30-15 for the spot,one month,three months and six months forward contracts.
a)Calculate the outright quotations and the spread for each maturity.
b)Is the dollar at a forward premium or discount?
c)Where are the interest rates higher?


Definitions:

Secondary Somatosensory Cortex

A region of the brain that processes sensory information from the body, contributing to the perception of touch, pressure, and pain.

Postcentral Gyrus

The region of the cerebral cortex located immediately posterior to the central sulcus, primarily responsible for processing somatosensory information.

Cerebral Palsy

A group of permanent movement disorders that appear in early childhood, often due to brain damage before, during, or shortly after birth.

Premotor Cortex

A brain region located anterior to the primary motor cortex, involved in the planning and preparation of movements.

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