The forward discount is 50/90. Since it is a discount, the discount point should be -90/-50, not 50/90. Only the premium exchange point will be 50/90.
Redefine the title, the spot market GBP/USD =1.89551.8984, and the swap point is 90/50 (big left and small right means discount). The forward exchange rate GBP/USD =1.88651.8934. Customers need to use the bank selling price of 1.8934,100 *1.8934 =1.8934 million dollars to buy three-month forward pounds.
Customers need to pay $65,438+$0,893,400.