In the Accompanying Figure of a Hard Drive, the Item

question 32

Multiple Choice

In the accompanying figure of a hard drive, the item labeled 3 is the ____.

• A) spindle
• B) read-write head
• C) platter
• D) drive bay

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Definitions:

Exchange Rate Risk

The potential for loss due to fluctuating foreign exchange rates affecting international financial transactions.

Forward Currency

A contract to exchange a specific amount of one currency for another at a future date and at a predetermined rate, used to hedge against currency risk.

Premium

An amount paid in addition to the standard or nominal cost, often associated with insurance, bonds, or the difference above a product's nominal value.

Spot Rate

The current market price at which a particular asset, such as currency, commodity, or security can be bought or sold for immediate delivery.