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The Following Are the Prices in the Foreign Exchange Market

question 55

Multiple Choice

The following are the prices in the foreign exchange market between the U.S. dollar and a foreign currency (fc) . Spot 0.6335US$/fc; three-month forward 0.6375US$/fc. What was the discount or premium on three-month forward for the foreign currency?

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Industry Forecasts

Industry forecasts involve the analysis and prediction of future trends, performance, and behavior in a specific industry sector.

Financial Planning

The process of creating strategies for managing finances to achieve personal economic satisfaction.

Vigilant

Being vigilant means being alert and watchful, especially to avoid danger or recognize opportunities.

Day To Day

Refers to routine, daily operations or activities in a business or personal context.

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