Using the Information Contained in the Table,for the AUD/USD Exchange $0.9940$

question 1

Multiple Choice

Using the information contained in the table,for the AUD/USD exchange rate,what is the bid rate,assuming direct rates from an Australian perspective?

• A) \( 0.9940 \)
• B) \( 0.9945 \)
• C) \( 1.0060 \)
• D) \( 1.0055\)

---

Definitions:

Elementary School

An educational institution for young children, usually consisting of grades one through five or six, focusing on basic subjects.

Step Test

A simple cardiovascular exercise used to evaluate an individual's cardiorespiratory fitness by stepping on and off a platform for a set period.

Very Poor Physical Condition

A state of health characterized by low levels of physical fitness and wellness, often associated with illness or a sedentary lifestyle.

Heart Rate

The number of heartbeats per unit of time, usually per minute, an important indicator of heart health and physical condition.