If the Spot Indirect Exchange Rate of Mexican Pesos for U.S.Dollars

question 25

Multiple Choice

If the spot indirect exchange rate of Mexican Pesos for U.S.Dollars is 9.8/1 and the peso is trading at a forward premium of 3%, then a U.S.trader will receive:

• A)More than 9.8 Pesos per Dollar in the future
• B)Less than 9.8 Pesos per Dollar in the future
• C)9.83 Pesos per Dollar in the future
• D)10.09 Pesos per Dollar in the future

---

Definitions:

Hosting

The service of providing storage, connectivity, and services necessary to serve and maintain files for one or more websites.

Employee Hourly Wage

The amount of money paid to an employee for one hour of work.

Content

Information and experiences created and shared through various media to inform, entertain, or engage an audience.

Relative Pull

The degree to which a product, service, or content attracts interest or engagement in comparison to competing options.