The Spot Rate Is

question 13

Multiple Choice

The spot rate is

• A) the rate quoted for delivery within two business days.
• B) usually higher than the forward rate.
• C) a contract rate between the corporation and the foreign exchange trader at the bank for future delivery.
• D) usually at a premium for sales and a discount for purchases.

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Definitions:

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, suggesting that people are motivated to fulfill basic needs before moving on to other needs, culminating in self-actualization.

Avoidance Motivation

A psychological behavior aimed at avoiding unpleasant outcomes, tasks, or situations, often driven by fear or anxiety about potential negative consequences.

Safety And Security

The state of being protected from harm or other non-desirable outcomes. It encompasses both physical safety and psychological security.

Property

Legally recognized rights and interests in objects, land, or intellectual creations, signifying ownership or possession.