Which of the Following Is Correct If You Have Contracted

question 98

Multiple Choice

Which of the following is correct if you have contracted to purchase 1,000 Swiss Francs three months forward at a rate of Sf1.6/$?

• A)You pay approximately $625 today for the Francs
• B)You pay $1,600 today for the Francs
• C)You pay approximately $625 three months from now for the Francs
• D)You pay $1,600 three months from now for the Francs

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Definitions:

Patella

The kneecap; a small bone located in front of the knee joint.

Quadriceps Femoris Group

A muscle group located at the front of the thigh, composed of four muscles, primarily responsible for the extension of the knee.

Anterior Leg Muscles

Muscles located at the front of the lower leg primarily responsible for dorsiflexion of the foot and extension of the toes.

Dorsiflexion

The movement that bends the foot upwards towards the shin, opposite of plantarflexion.