Find the Limit, If It Exists $$\lim _ { x \rightarrow 11 } \frac { | 11 - x | } { 11 - x }$$

question 232

Multiple Choice

Find the limit, if it exists.
- $$\lim _ { x \rightarrow 11 } \frac { | 11 - x | } { 11 - x }$$

• A) -1
• B) Does not exist
• C) 0
• D) 1

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Definitions:

Forward Exchange Contract

An agreement between two parties to exchange a specified quantity of one currency for another at a specified exchange rate on a specified future date.

Exchange Gain

Exchange gain arises when a company holds foreign currency or transactions, and the exchange rate moves in its favor, increasing the value of the foreign currency held.

Loss

A decrease in net assets or wealth, often realized when expenses exceed revenues or when assets lose value and is reflected in the financial statements.

Forward Exchange Contract

A financial contract between parties to exchange currencies at a predetermined rate on a specified future date.