A ________ Transaction in the Interbank Market Is the Simultaneous

question 27

Multiple Choice

A ________ transaction in the interbank market is the simultaneous purchase and sale of a given amount of foreign exchange for two different value dates.

• A) spot
• B) forward-forward
• C) swap
• D) futures

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Definitions:

Price

The amount of money required to purchase a product or service; determined by factors like demand, supply, and production costs.

Morning

The period of the day from sunrise until noon.

Positive Utility

Positive utility refers to the benefit or satisfaction obtained from consuming a good or service, contributing to the overall well-being of the consumer.

Maximizing Utility

The economic principle aiming to achieve the highest level of satisfaction possible with available resources.