Which of the following is an exchange rate that requires delivery of the traded currency within two business days?
A) forward rate
B) spot rate
C) cross rate
D) prime rate
Correct Answer:
Verified
Q69: In a quoted exchange rate of $1.69/British
Q70: An exchange rate calculated using two other
Q71: Scenario: Sally Goes to Japan
Sally Johnson has
Q72: _ is the simultaneous purchase and sale
Q73: A(n)_ is a right to exchange a
Q75: Scenario: Sally Goes to Japan
Sally Johnson has
Q76: The exchange rate between the euro (€)and
Q77: _ is the instantaneous purchase and sale
Q78: Scenario: ABC Software
ABC Software is a producer
Q79: While designating an exchange rate,the _ is
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents