All answers should be complete and concise (to the point) and in a WORD document.
Complete answer/s is more important than just having a lengthy answer but each answer should at least be 150 words.
All answers should be in the context of foreign exchange markets and/or foreign exchange rates.
DUE DATE: Tuesday, 01/27/2015 at 18:00 EST
What is the relationship between interest differentials and forward discount or premium?
Is the forward rate an unbiased predictor of the future spot exchange rate?
What is the real effective exchange rate index?
What is a defaulting on an interest rate swap?
How can a currency swap reduce the counterparty risk?
Is the foreign exchange market efficient?
Please let me know if you have any questions or need to clarify any items.
Thank you.