An exchange rate that is established now but with payment and delivery to occur on a specified future date is known as:
A) forward margin.
B) future rate.
C) forward rate.
D) unbiased rate.
Correct Answer:
Verified
Q8: Exchange rate between two currencies derived from
Q9: A difference between the 'buy' and 'sell'
Q10: The forward rate refers to:
A)the spot exchange
Q11: The difference between the spot rate and
Q12: The current spot exchange rate between Australian
Q14: The spot rate can be defined as:
A)the
Q15: The highest figure that the daily market
Q16: Which theory states that the forward rate
Q17: Bonds denominated in UK pounds and issued
Q18: The Australian dollar was floated in:
A)1982.
B)1983.
C)1984.
D)1985.
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