A Currency Call Is Like Being ____ in the Currency

question 7

Multiple Choice

A currency call is like being ____ in the currency futures.

• A) Out-of-the-money
• B) In-the-money
• C) Long
• D) Short
• E) At-the-money

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Definitions:

Times Interest Earned

This metric evaluates a business's capacity to settle its debt liabilities by contrasting its pre-interest and tax earnings with its costs from interest.

Interest Expense

The cost incurred by an entity for borrowing money, paid as interest on debt.

Interest Expense

The cost incurred by an entity for borrowed funds, which is recognized in the period in which the interest is accrued.

Times Interest Earned Ratio

A financial ratio that measures a company's ability to meet its debt obligations by comparing its income before interest and taxes to its total interest charges.