If the Spot Rate of the Israeli Shekel Is 5

question 22

Multiple Choice

If the spot rate of the Israeli shekel is 5.51 shekels per dollar and the 180-day forward rate is 5.97 shekels per dollar, then the forward rate for the Israeli shekel is selling at a ____ to the spot rate.

• A) premium of 8%
• B) premium of 18%
• C) discount of 18%
• D) discount of 8%
• E) premium of 16%

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Definitions:

Self-Evaluations

The process by which an individual assesses their own performance, attributes, and actions in accordance with their personal standards and expectations.

Parental Styles

The patterns of behavior and strategies that parents use to raise their children, including authoritative, authoritarian, permissive, and uninvolved styles.

Social Comparison

The process of evaluating oneself by comparison with others, which can influence self-esteem and personal development.

Sensitivity

The quality of being easily influenced, changed, or damaged, especially by external factors or conditions.