A Currency That Is Selling at a Forward Rate Greater

question 35

Multiple Choice

A currency that is selling at a forward rate greater than the spot rate is said to be trading at a(n) :

• A)forward increase
• B)forward discount
• C)forward transaction
• D)forward premium

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Definitions:

Revenue

The total income generated from normal business operations and other activities over a specific period of time.

Items Sold

The total quantity of products or services sold by a business within a specific period.

Razor-And-Razor-Blade

A business model that sells a primary product at a low price (or gives it away) to drive the sales of related consumable products.

Disposable Unit

An item or component meant for a single use or limited time period before being discarded or replaced.