In a Covered Interest Arbitrage Transaction,the Borrowed Currency Is Known

question 42

Multiple Choice

In a covered interest arbitrage transaction,the borrowed currency is known as the ________________________ and the lent currency is known as the ___________________.

• A)target currency;funding currency
• B)funding currency;target currency
• C)funding currency;interest-bearing currency
• D)swap currency;target currency

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Definitions:

Exemplary

Serving as a desirable model; representing the best of its kind.

Ethnic Women

Women who are identified by their cultural, racial, or ethnic background, emphasizing the diversity and varying experiences within socio-cultural contexts.

Leaders

Individuals who guide, direct, or influence others in a group or organization, often by providing vision, strategies, and decision-making.

Young

Refers to an early stage of life, often associated with youth, vitality, and the period before reaching maturity.