A Forward Rate for a Currency Is Said to Exhibit

question 78

Multiple Choice

A forward rate for a currency is said to exhibit a discount if

• A) the forward rate exceeds the existing spot rate.
• B) the forward rate is less than the existing spot rate.
• C) the forward rate exceeds the expected future spot rate.
• D) the forward rate is less than the expected future spot rate.
• E) none of the above

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Definitions:

Glia

A type of cell in the nervous system long believed to provide a “support” function for neurons; recent research indicates that glia provide many other functions as well.

Brain Cell

A generic term for cells within the brain, including neurons, which transmit information, and glial cells, which provide support and nutrition to neurons.

Efferent Nerves

Nerves that carry signals away from the central nervous system to effectors (muscles or glands), eliciting a response.

Afferent Nerves

Nerve fibers that carry sensory signals from the body's periphery towards the central nervous system.