The Phrase "Stronger Currency" Implies a Forward Premium

question 52

Multiple Choice

The phrase "stronger currency" implies a forward premium. Given a euro-U.S. dollar exchange rate of $1.45/euro, which of the following values for the forward rate shows the strongest dollar?

• A)1.55
• B)1.65
• C)1.35
• D)1.25

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Definitions:

Cholesterol

A type of fat found in the blood, necessary for healthy cell function but harmful at high levels.

Male Sexual Structures

The anatomical parts of the male reproductive system, including the penis, testicles, prostate, and others, involved in sexual function.

Orgasm

The peak of sexual pleasure, characterized by intense sensations and, often, involuntary muscle contractions in the genital area.

Ejaculation

The process by which semen is expelled from the body during sexual climax.