If Speculators Expect the Spot Rate of the Yen in 60

question 90

Multiple Choice

If speculators expect the spot rate of the yen in 60 days to be ____ than the 60-day forward rate on the yen, they will ____ the yen forward and put ____ pressure on the yen's forward rate.

• A) higher; buy; upward
• B) higher; sell; downward
• C) higher; sell; upward
• D) lower; buy; upward

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Definitions:

Slander

A form of defamation characterized by spoken statements that are false and damaging to an individual's reputation.

Political Cartoonist

An artist or illustrator who creates cartoons that comment on political events, figures, and issues, often using satire.

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The act of damaging someone's reputation through false statements.

Best Defence

The most effective legal argument or strategy used to achieve a favorable outcome in a legal case.