In Question 27, in Rs/$ 2 month forward swap points are given as 1100/1300 which is low/high. We should add 1100 & subtract 1300 , but why we have added 1300 in spot ask price Kindly reply…..
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In this question why we are not calculating proportionate swap points because spot date is 3 September and delivery date is 30th October so it is coming between 1 month and 2 month forward so why we are not proportioning ...