Table 11.4.Forward Exchange Rates

question 61

Multiple Choice

Table 11.4.Forward Exchange Rates

-Refer to Table 11.4.On Wednesday,the 90-day forward franc was selling at a:

• A) 0.8 percent premium per annum against the dollar
• B) 1.6 percent premium per annum against the dollar
• C) 0.8 percent discount per annum against the dollar
• D) 1.6 percent discount per annum against the dollar

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Definitions:

Representative Sample

A part of a population that precisely mirrors the characteristics of the whole population.

Random Sample

A random sample is a method of selecting a subset of individuals from a statistical population, where each individual has an equal chance of being chosen, ensuring representation.

Convenience Sample

A sampling method where participants are selected based on their easy availability and proximity to the researcher.

Representative Sample

A subset of a population that accurately reflects the members of the entire population, used in statistical analysis.