Which of the Following Describes the Way the Forward Price

question 13

Multiple Choice

Which of the following describes the way the forward price of a foreign currency is quoted?

• A) The number of U.S. dollars per unit of the foreign currency
• B) The number of the foreign currency per U.S. dollar
• C) Some forward prices are always quoted as the number of U.S. dollars per unit of the foreign currency and some are always quoted the other way round
• D) There are no quotation conventions for forward prices

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Definitions:

Interpersonal Conflict

A situation where two or more individuals with differing viewpoints, interests, or goals experience disagreement or opposition.

Mindfulness

A mental state achieved by focusing one's awareness on the present moment, while calmly acknowledging and accepting feelings, thoughts, and bodily sensations.

Highly Aware

The state of being exceptionally conscious or cognizant of one's surroundings, information, or changes.

Attentive

The quality of being alert and paying close attention to details, showing consideration for the needs and feelings of others.