If the Spot Rate Between the U

question 1

Multiple Choice

If the spot rate between the U.S. dollar and the Mexican peso is $1 = 12.9841 peso and the 3-month forward rate is $1 = 12.5698 pesos, is the forward peso selling at a discount or a premium?

• A) Discount
• B) Premium
• C) Unable to determine with the cross-rates

---

Definitions:

Behavioural Addiction

A form of addiction that involves a compulsion to engage in a rewarding non-substance-related behavior despite adverse consequences.

Frequency Of Rape

The rate or number of reported and unreported instances of rape over a certain period of time.

Child Molesters

Individuals who sexually abuse children, committing crimes that have significant psychological impacts on the victims.

Pedophiles

Individuals who have a primary or exclusive sexual attraction to prepubescent children, typically under the age of 13.