Table 172 Foreign Exchange Quotations $\begin{array}{llcc} \quad\quad\quad\quad\quad\quad\quad\text { U.S. Dollar Equivalent} & \text {Currency Per U.S. Dollar } \\\end{array}$

Table 17.2 Foreign Exchange Quotations
$\begin{array}{llcc} \quad\quad\quad\quad\quad\quad\quad\text { U.S. Dollar Equivalent} & \text {Currency Per U.S. Dollar } \\\end{array}$
$\begin{array}{lllll}&\underline{\text {Tuesday}}&\underline{\text {Monday}}&\underline{\text {Tuesday}}&\underline{\text {Monday}}\\\text { British Pound } & 1.4270 & 1.4390 & 0.7008 & 0.6949 \\\text { 30-day Forward } & 1.4211 & 1.4333 & 0.7037 & 0.6977 \\\text { 60-day Forward } & 1.4090 & 1.4220 & 0.7097 & 0.7032 \\\text { 180-day Forward } & 1.3930 & 1.4070 & 0.7179 & 0.7107\end{array}$
-Refer to Table 17.2. Look at the 30-, 50, and 180-day forward rates on Tuesday for the British pound and compare them to its current value on Tuesday. This means that in the future, the market expects the pound to

A) depreciate against the dollar
B) appreciate against the dollar
C) not change against the dollar
D) become equivalent to the value of the dollar