If the British Pound Is Selling at $1

question 20

Multiple Choice

If the British pound is selling at $1.7775 spot on September 3, and at a 90-day forward rate of $1.7661, then ________.

• A) the pound is selling at a forward premium
• B) the pound is selling at a forward discount
• C) an investor should buy a call option
• D) speculators should buy put options

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Definitions:

Subordinates

Individuals who work under the guidance and direction of a manager in an organization.

Performance Appraisal

A systematic evaluation of an employee's job performance and productivity, often used for feedback, development, and decision-making purposes.

Multirater Appraisals

An employee performance evaluation method where feedback is gathered from multiple sources, including peers, subordinates, and supervisors, to provide a comprehensive assessment.

Critical Incidents

Specific situations or events in the workplace that significantly affect an individual's performance, negatively or positively.