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Which one of the following is the first step in testing a hypothesis?
Financial Centre
A global city known for hosting a cluster of national or international financial institutions, markets, and service providers.
Money
A medium of exchange that enables the transfer of goods and services among parties.
Forward Rate
The interest rate agreed today for a loan to be made in the future.
Arbitrage Opportunities
Situations in which it is possible to simultaneously buy and sell assets in different markets or in different forms to benefit from price differences without risk.
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