Which of the Following Statements Is Correct

question 115

Multiple Choice

Which of the following statements is correct?

• A)When the interest rate is lower in the commodity currency, it is offered at a forward premium.
• B)When the interest rate is higher in the commodity currency, it is offered at a forward premium.
• C)When the interest rate is higher in the terms currency, the commodity currency is offered at a forward discount.
• D)When the interest rate is higher in the terms currency, it is offered at a forward premium.
• E)When the interest rate is lower in the terms currency, it is offered at a forward discount.

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Definitions:

Retrograde Amnesia

Deficit in the ability to recall previously learned information or past events.

Catatonia

Group of disorganized behaviors that reflect an extreme lack of responsiveness to the outside world.

Schizophrenia

A long-term mental disorder involving a breakdown in the relation between thought, emotion, and behavior, leading to faulty perception, inappropriate actions and feelings, withdrawal from reality and personal relationships into fantasy and delusion, and a sense of mental fragmentation.

Word Salad

A jumble of words that is meaningless or hard to understand, often used to describe disorganized speech seen in severe mental illnesses.