Semantics Is the Structure and Order of the Function and the Arguments

question 29

True/False

Semantics is the structure and order of the function and the arguments used by Excel to perform a calculation.

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Definitions:

Forward Exchange Rate

The agreed upon exchange rate for a currency pair to be traded at a future date, used in hedging and speculation.

Spot Exchange Rate

The current price for which one currency can be exchanged for another.

Foreign Exchange Market

A global marketplace for exchanging national currencies against one another.

Canadian Dollars

In Canada, the national currency is indicated by CAD or C$.