A Customer Asks for a Price in 3-Month CHF/JPY

question 320

Multiple Choice

A customer asks for a price in 3-month CHF/JPY. You quote 56/54. The customer deals at 54. What have you done?

• A) Bought CHF against JPY spot and sold JPY against CHF 3-month forward
• B) Sold CHF against JPY spot and bought CHF against JPY 3-month forward
• C) Bought CHF against JPY spot and sold CHF against JPY 3-month forward
• D) Bought JPY against CHF 3-month outright

Differentiate between null and alternative hypotheses.

Identify the appropriate statistical test for hypothesis testing.

Recognize the components and characteristics of statistical and research hypotheses.

Understand the primary challenges and errors in performance appraisal systems.

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Definitions:

Pre-Qualified

The state of having been evaluated and deemed eligible for something, such as a loan or service, based on preliminary criteria.

Mass Affluent

Individuals with a significant amount of disposable income, though not wealthy by traditional standards, making them a target for certain luxury goods and financial services.

80/20 Rule

A theory that suggests that 20 percent of heavy users account for 80 percent of the total demand.

Heavy Users

Consumers who use or purchase a product or service much more frequently than average users.