TABLE 5.1 Use the Table to Answer Following Question(s)

question 50

Multiple Choice

TABLE 5.1

Use the table to answer following question(s) .
-Refer to Table 5.1. According to the information provided in the table, the 6-month yen is selling at a forward ________ of approximately ________ per annum. (Use the mid rates to make your calculations.)

• A) discount; 2.09%
• B) discount; 2.06%
• C) premium; 2.09%
• D) premium; 2.06%

---

Definitions:

Net Asset Value

The total value of a fund's assets minus its liabilities, often used in the context of mutual funds to represent the per-share/unit value of the fund.

Assessment Value

The dollar value assigned to a property for purposes of measuring applicable taxes or insurance premiums.

Investment Company

A business structure, such as a corporation or trust, dedicated to managing the combined investments of various investors in financial markets.

Front-end Loads

Charges or fees that are paid by investors at the time of purchasing shares of a mutual fund or an investment trust.