Is it true that a currency forward is spot* (1+r^n)/(1+r^n)…
OR is it spot*(1+rate*n)/1+rate*n??
thanks!
both…and n is not just n than m/n where n is 365 in upper and 360 in lower formula.
Is it true that a currency forward is spot* (1+r^n)/(1+r^n)…
OR is it spot*(1+rate*n)/1+rate*n??
thanks!
both…and n is not just n than m/n where n is 365 in upper and 360 in lower formula.