The Following Are the Prices in the Foreign Exchange Market

question 105

Multiple Choice

The following are the prices in the foreign exchange market between the U.S. dollar and another local currency (LC) .
$$\begin{array} { l l } \text { Spot } & \$ 0.03112 / \mathrm { LC } \\3 \text {-month forward } & \$ 0.03117 / \mathrm { LC } \\6 \text {-month forward } & \$ 0.03118 / \mathrm { LC }\end{array}$$
What was the approximate discount or premium on a three-month forward for LC?

• A) 0.643% premium
• B) 0.013% premium
• C) 0.013% discount
• D) 0.643% discount

Identify factors that can lead to bias in sampling and outcomes of research studies.

Grasp the importance of replication and peer review in scientific research.

Understand the placebo effect and its relevance in experimental designs.

Appreciate the importance of having a representative sample for generalizability of study results.

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Definitions:

Boys

Male children and adolescents, typically characterized by their biological differences from females in the early stages of human development.

Girls

Female children and adolescents before the onset of adulthood.

Indiscriminate

Lacking in selectivity, judgment, or discernment; not making or showing careful distinctions or choices.

Cooperative

The act or process of working together towards common goals or interests, often emphasizing mutual assistance and collaboration.