Table 11.4.Forward Exchange Rates

question 156

Multiple Choice

Table 11.4.Forward Exchange Rates

-Refer to Table 11.4.On Wednesday,the 30-day forward franc was selling at a:

• A) 1 percent premium per annum against the dollar
• B) 2 percent premium per annum against the dollar
• C) 1 percent discount per annum against the dollar
• D) 2 percent discount per annum against the dollar

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Trusting in one's abilities, qualities, and judgment.

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Having the ability to find quick and clever ways to overcome difficulties, often through innovative or creative thinking.

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