Which of the Statements Below Is FALSE

question 6

Multiple Choice

Which of the statements below is FALSE?

• A)Forward rates play an important part in currency exchange because you can lock in future currency exchanges with these forward rates.
• B)From a business perspective,forward contracts are hedging tools for companies.By locking in a future exchange rate,companies can avoid unfavorable movements in exchange rates.
• C)When you convert your currency today,you are exchanging currency in the spot market.
• D)The International Fisher effect tells us that inflation rates are the same the world over.

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Definitions:

Derived Class

In object-oriented programming, a class that inherits properties and behavior from a parent class.

True Object-oriented Language

A programming language that inherently supports and enforces the principles of object-oriented programming such as encapsulation, inheritance, and polymorphism.

Object-oriented Structure

A programming paradigm based on the concept of "objects", which contain data in the form of fields and code in the form of procedures or methods.

Standard Input

A method or channel by which data is received by a program, typically from a user or another program.