Examlex

Solved

The Following Are the Prices in the Foreign Exchange Market

question 86

Multiple Choice

The following are the prices in the foreign exchange market between the U.S. dollar and another local currency (LC) . The following are the prices in the foreign exchange market between the U.S. dollar and another local currency (LC) .   What was the approximate discount or premium on a three-month forward for LC? A)  0.643% premium B)  .013% premium C)  .013% discount D)  0.643% discount What was the approximate discount or premium on a three-month forward for LC?


Definitions:

Job Title

The name given to a particular job, specifying the nature of the job and its level within the organization.

Professional Materials

Documents and tools developed to support or enhance expertise in a specific field.

Offer Letter

A written document extended by an employer to a job candidate formalizing the terms of employment being offered.

Incentives

Rewards or benefits offered to motivate or encourage specific actions or behaviors from individuals or groups.

Related Questions