If the Spot Rate of the British Pound Is $1

question 97

Multiple Choice

If the spot rate of the British pound is $1.50, and the one-year forward rate has a discount of 3 percent, the one-year forward rate is $____.

• A) 1.50
• B) 1.47
• C) 1.55
• D) 1.46
• E) None of these are correct.

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Definitions:

Gender Stereotype

Widely held beliefs about the attributes, traits, and roles expected of men and women based on their gender.

Self-report Inventory

A method in psychological assessments where individuals complete surveys or tests about their own feelings, behaviors, and attitudes.

Online Test

A digital examination or assessment available over the internet to measure skill, knowledge, or other attributes.

Paper-and-pencil Test

is a traditional form of assessment where individuals answer questions, solve problems, or demonstrate knowledge on paper, commonly used in educational and psychological settings.