If the Spot Rate of the Israeli Shekel Is 5

question 26

Multiple Choice

If the spot rate of the Israeli shekel is 5.51 shekels per dollar and the 180-day forward rate is 5.97 shekels per dollar,then the forward rate for the Israeli shekel is selling at a(n) ____ to the spot rate.

• A)6.09% premium
• B)6.76% premium
• C)7.51% discount
• D)8.35% discount
• E)9.18% discount

Assess the ethical considerations in business communication.

Utilize techniques for gathering information effectively.

Choose appropriate communication channels and mediums for message delivery.

Recognize the role of audience understanding in tailoring message content.

---

Definitions:

Center

An equidistant point from all edges or surroundings in space, often used to denote the middle or focal point of an object or space.

Inventory's Supply

The total amount of goods and materials held in stock by a business or organization.

Ordering

The process of organizing or arranging items systematically or requesting goods or services.

Preferred Vendors

Selected suppliers or service providers that have been vetted and approved by an organization, often given preference due to reliability, cost, or quality.