Which of the Following Is Correct If the Spot Exchange

question 69

Multiple Choice

Which of the following is correct if the spot exchange rate on the pound sterling is $2.56 (Canadian) /£ and the one-year forward exchange rate is $2.48 (Canadian) /£? The pound is trading:

• A)at a 3.13% forward discount relative to the Dollar.
• B)at a 3.13% forward premium relative to the Dollar.
• C)at a 3.22% forward discount relative to the Dollar.
• D)at a 3.22% forward premium relative to the Dollar.

Calculate the probability of events based on known population proportions and sample size.

Recognize the application of statistical models in quality control measures.

Understand the significance of standard deviations in the context of sampling distributions.

Apply principles of statistical inference to evaluate claims based on sample data.

---

Definitions:

Energy

The capacity to do work or produce change, existing in various forms such as kinetic, thermal, electrical, chemical, nuclear, or solar.

Form

The shape, visual appearance, or configuration of an object, in various contexts it can refer to something structural, artistic, or abstract.

Metabolic Pathways

Networks of chemical reactions within cells that convert substances into other products, crucial for maintaining life's processes.

Photosynthesis

The process by which green plants, algae, and some bacteria transform light energy into chemical energy, converting carbon dioxide and water into glucose and releasing oxygen as a byproduct.