Calculate the 120-Day AUD/USD Forward Points If the Spot Rate

question 9

Essay

Calculate the 120-day AUD/USD forward points if the spot rate is AUD/USD0.9334 and interest rates are 2% in the US and 4% in Australia (use a 360-day-year for the US and a 365-day-year for Australia).

---

Definitions:

Time-Space Bias

The influence of communication technologies on the perception and organization of time and space, emphasizing how these technologies shape societal structures and cultural practices.

Time Biased Media

Media that have a long-lasting presence or influence, emphasizing stability and tradition over rapid changes.

Space Biased Media

Media technologies that emphasize the dissemination of information over long distances, facilitating broad communication rather than depth or localized context.

Number Of Hours

A measurement of time, typically used to quantify the duration of activities, work, or events.