Which of the Following Is Correct If the Spot Exchange $\le$

question 6

Multiple Choice

Which of the following is correct if the spot exchange rate on the pound sterling is $2.56 (Canadian) / $\le$ and the one-year forward exchange rate is $2.48 (Canadian) / $\le$ ? The pound is trading:

• A)At a 3.13% forward discount relative to the Dollar
• B)At a 3.13% forward premium relative to the Dollar
• C)At a 3.22% forward discount relative to the Dollar
• D)At a 3.22% forward premium relative to the Dollar

Understand the components and significance of the Franchise Relationship Model (FRM).

Identify the elements of effective franchise marketing and franchisee support.

Acknowledge the critical role of customer and market analysis in developing a franchise's strategic approach.

Understand various approaches to market segmentation including demographic and personality-based factors.

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Definitions:

Capital Account

An account on a nation's balance of payments that records transactions involving the purchase and sale of assets, or in business accounting, an account representing owner's equity.

Partnership Capital

The total amount of equity contributed by all partners in a partnership business.

Personal Assets

Assets owned by an individual, including tangible and intangible items of value such as real estate, investments, and personal property.

Unlimited Life

A characteristic of corporate entities indicating they can continue to exist indefinitely, beyond the lives of their owners or members, unless dissolved.