spot and 30?day forward rates for the Dutch euro are $and $respectively. The guilder is said to be selling at a forward
A) premium of 1.2%
B) premium of 3.5%
C) discount of 3.5%
D) discount of 1.2%
Correct Answer:
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Q1: Exports of goods and services by the
Q5: Suppose the spot direct quotes for the
Q6: _ between a bank and a customer
Q7: is 1985 and suppose the 90?day forward
Q7: world's largest currency trading market is
A)New York
B)Frankfurt
C)Tokyo
D)London
Q9: the direct price of the dollar is
Q12: risk that a central bank will not
Q15: Hedgers,mostly _,engage in forward contracts on the
Q16: American terms refers to the
A)number of U.S.dollars
Q18: Trading on the foreign exchange market is
A)located
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