If the Interest Rate Is Higher in the United States

question 48

Multiple Choice

If the interest rate is higher in the United States than in the United Kingdom, and if the forward rate of the British pound (in U.S. dollars) is the same as the pound's spot rate, then:​

• A)U.S. investors could possibly benefit from covered interest arbitrage.
• B)British investors could possibly benefit from covered interest arbitrage.
• C)neither U.S. nor British investors could benefit from covered interest arbitrage.
• D)A and B

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Definitions:

Refill a Prescription

Refers to the process of obtaining more of a prescribed medication, usually after the initial supply has been depleted.

Pharmacy Authorization

The process by which a pharmacy obtains approval to dispense a prescribed medication to the patient, often requiring verification of medical necessity from a healthcare provider.

Licensed Practitioner

A professional who has received the necessary license to practice in their specific field of expertise.

Emergency Room

A medical treatment facility specializing in emergency medicine, where patients with acute illnesses or injuries are treated.