You Are Quoted the Following Market Rates: Spot AUD/CAD   1

question 614

Multiple Choice

You are quoted the following market rates: Spot AUD/CAD   1.0600 12M (360-day)    AUD 3.40% 12M (360-day)    CAD 1.55% What are the 12-month AUD/CAD forward points?

• A) +190
• B) -193
• C) -192
• D) -190

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Definitions:

Radio

A technology for transmitting sound broadcasting through electromagnetic waves, allowing for audio communication and entertainment across distances.

Integrated Marketing Communications (IMC)

Represents the promotion dimension of the four Ps; encompasses a variety of communication disciplines—general advertising, personal selling, sales promotion, public relations, direct marketing, and electronic media—in combination to provide clarity, consistency, and maximum communicative impact.

Four Ps

A marketing theory that includes Product, Price, Place, and Promotion, considered as the key factors that marketing managers can control, to best meet customer needs in their target market.

Marketing Communication

The use of communication tools and media by companies to inform, persuade, and remind consumers about their products, services, or brand.