Consider the Following What Should Be the Proper Futures Price for a 1-Year

question 44

Multiple Choice

Consider the following: $\begin{array}{lc} &\text { CE Now } \\ \text { Risk-free rate in the United States } & \text { 0.04 / year } \\ \text { Risk-free rate in Australia } & \text { 0.03 / year} \\ \text { Spot exchange rate } &1.67A\$/\$\\\end{array}$
What should be the proper futures price for a 1-year contract?

---

Definitions:

Substages

Divisions or phases within a larger developmental stage or process, often highlighting specific patterns or behaviors characteristic of that phase.

Critical Period

a specific time during development when the presence or absence of certain experiences has a profound impact on the formation of abilities and behaviors.

Language Acquisition

The process by which humans gain the capacity to perceive, produce, and use words to understand and communicate.

Infants Tested

Involves evaluating babies to assess their development, health, and response to stimuli, often for research or diagnostic purposes.