That Italian Antique Was Priced at 3 Million Lire That

question 89

Multiple Choice

That Italian antique was priced at 3 million lire that, fortunately, does not have to be paid for three months.The Euro has a spot exchange rate of L2,000/$(U.S.) but is trading three months forward at a 5% discount.If you contract ahead now, how many U.S.Dollars will the antique cost?

• A)$1,425
• B)$1,429
• C)$1,575
• D)$1,579

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The extent to which the results of a study can be generalized to other situations and to other people.

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The extent to which a study establishes a trustworthy cause-and-effect relationship between a treatment and an outcome.

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