The Spot and 30?day Forward Rates for the Dutch Guilder

question 8

Multiple Choice

The spot and 30?day forward rates for the Dutch guilder are $.3075 and $.3120, respectively. The guilder is said to be selling at a forward

• A) premium of 16.83%
• B) premium of 17.56%
• C) discount of 6.39%
• D) discount of 15.10%

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Definitions:

Intonation

The variation of pitch in speech, which can convey different meanings, emotions, or nuances in verbal communication.

Intonation

The variation in pitch during speech, influencing the meaning and emotion of the spoken words.

Pitch

The perceived frequency of a sound, determining how high or low it sounds.

Volume

The level of sound intensity or loudness, often considered in communication to emphasize or convey emotion.