The forward rate refers to:
A) the spot exchange rate.
B) the exchange rate that is determined at a specified future date.
C) the exchange rate that is determined now but with payment and delivery to occur at a specified future date.
D) the upper bound of a currency.
Correct Answer:
Verified
Q5: The difference between spot and forward rates
Q6: If $A1 buys US$0.5200,how many Australian dollars
Q7: Which theory states that the difference in
Q8: Exchange rate between two currencies derived from
Q9: A difference between the 'buy' and 'sell'
Q11: The difference between the spot rate and
Q12: The current spot exchange rate between Australian
Q13: An exchange rate that is established now
Q14: The spot rate can be defined as:
A)the
Q15: The highest figure that the daily market
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