Compute the 30-, 90-, & 180-day forward premium or discount for the British pound in American terms employing the most current quotations.
The formula we desire to employ is:
fN,£v$ = [(FN($/£) - S($/£))/S($/£] x 360/N
f30,£v$ = [(1.5685 - 1.5683)/1.5683] x 360/30 = .0015
f90,£v$ = [(1.5694 - 1.5683)/1.5683] x 360/90 = .0028
f180,£v$ = [(1.5714 - 1.5683)/1.5683] x 360/180 = .0040