Which of the Following Is Correct If You Have Contracted

question 49

Multiple Choice

Which of the following is correct if you have contracted to purchase 1,000 Swiss francs 3 months forward at a rate of SFr1.6/$?

• A) You pay approximately $625 today for the francs.
• B) You pay $1,600 today for the francs.
• C) You pay approximately $625 3 months from now for the francs.
• D) You pay $1,600 3 months from now for the francs.

---

Definitions:

Cohabitate

To live together in a living arrangement, typically referring to a couple who are not married.

Divorce

The legal dissolution of a marriage by a court or other competent body, ending the legal partnership between two individuals.

Unhappy Marriage

A state of marriage where partners experience persistent dissatisfaction and conflict, often leading to emotional distress.

Heterosexual Relationships

Relationships involving two people of opposite genders.