A Trader Has Just Agreed to Exchange $2 Million U

question 11

Multiple Choice

A trader has just agreed to exchange $2 million U.S.dollars for $1.55 million Euros six months from today.This exchange is an example of a:

• A)spot trade.
• B)forward trade.
• C)currency swap.
• D)floating swap.
• E)triangle arbitrage.

---

Definitions:

MessageBox

A dialog box in graphical user interfaces that displays messages to the user.

Dialog Box

A small window that prompts the user to enter information or make selections, often displaying options or settings.

Self Join

A query technique used to join a database table to itself for comparing rows within the same table.

Group Program Flow

Organizing and managing the sequence and logic of program execution through grouping related tasks or functions.