Assuming the 30-Day Forward Exchange Rate Was $1 = 130

question 8

Multiple Choice

Assuming the 30-day forward exchange rate was $1 = 130 and the spot exchange rate was $1 = ×120, the dollar is selling at a ________ on the 30-day forward market.

• A) premium
• B) margin
• C) discount
• D) subsidy

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Definitions:

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Early samples, models, or releases of a product built to test a concept or process or to act as a thing to be replicated or learned from.

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A classification of people based on shared characteristics or attributes, such as race, gender, or socioeconomic status, which can influence identity and perceptions.

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Pertaining to or concerned with the connections and relationships between people or entities.