If the Forward Rate of the Euro Per Dollar Is

question 20

Multiple Choice

If the forward rate of the euro per dollar is higher than the spot rate,the euro has a _____.

• A) high spread 
• B) low spread 
• C) forward discount 
• D) forward premium

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Definitions:

Federal Mediation

A dispute resolution process involving a neutral third party, often offered by the government, to assist in reaching a voluntary, negotiated resolution between parties in conflict.

Arbitration Hearing

An arbitration hearing is a private process where a dispute is resolved by one or more neutral third parties, known as arbitrators, instead of by a court.

Testimony

A formal statement or declaration made under oath, typically in a court of law.

Property Appraiser

A professional who assesses the value of real estate, ensuring accurate property taxation and aiding in real estate transactions.