Which of the Numbers That Follow Could Represent a Probability

question 46

Multiple Choice

Which of the numbers that follow could represent a probability?

• A)both I and II
• B)neither
• C)only II
• D)only I

---

Definitions:

Spot Market

A public market for trading financial instruments or commodities that are delivered immediately.

Trade Settled

The completion of a securities transaction when the seller delivers the security to the buyer and receives payment in return.

Purchasing Power Parity

An economic theory that compares different countries' currencies through a "basket of goods" approach, to assess relative currency value.

Forward Rate

The forward rate is the agreed-upon interest rate for a financial transaction that will occur at a future date, often used in the context of foreign exchange and bonds.