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The Current Indirect Exchange Rate Is 0

question 105

Multiple Choice

The current indirect exchange rate is 0.777 CAD per USD.The anticipated annual inflation rate is 2% in the United States and 4% in Canada.What is the forward exchange rate?


Definitions:

Binary Relationship

A binary relationship in databases and data modeling is a type of association that exists between two entities, indicating how records in one entity relate to records in another.

Entities

Any definable units, such as individuals, organizations, or objects, that exist independently with distinct characteristics.

Data Points

Individual units of data, often numerical, that represent a specific measurement or piece of information in a broader data set.

Cardinality

In databases, a term that indicates the nature of the relationship between two entities, showing how many of one entity type are related to one of another.

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