Describes the currency markets, including bid-offer spreads, crosses, reciprocal rates and forward rates. Provides several examples to illustrate the calculation of the direct use of forward rates of discount and premium items listed in the London Financial Times. Other examples demonstrate the interest rate parity, and the hedging of long-term debt ahead. "Hide
by Scott P. Mason, William Allen 15 pages. Publication Date: Feb 04, 1986. Prod. #: 286067-PDF-ENG