The $/CD Spot Bid-Ask Rates Are $0

question 73

Multiple Choice

The $/CD spot bid-ask rates are $0.7560-$0.7625.The 3-month forward points are 12-16.Determine the $/CD 3-month forward bid-ask rates.

• A)$0.7548-$0.7609
• B)$0.7572-$0.7641
• C)$0.7512-$0.7616
• D)Cannot be determined with the information given.

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Definitions:

False Statement

A claim or assertion that is not true and may intentionally deceive.

True Statements

Assertions or claims that accurately reflect reality or are in accordance with facts.

Tautology

A redundant or repetitive statement in which the conclusion is identical to its premise in meaning.

Logic of Statements

The branch of logic that deals with the relationships between statements, including their validity and truth values.