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Assume the Spot Rate of a Currency Is

question 59

Multiple Choice

Assume the spot rate of a currency is $.37 and the 90-day forward rate is $.36. The forward rate of this currency exhibits a ____ of ____ on an annualized basis.


Definitions:

Sexual Harassment

Unwelcome sexual advances, requests for sexual favors, and other verbal or physical harassment of a sexual nature in the workplace or academic setting.

Harassment Claim

A formal accusation or report of unwanted and offensive behavior, often occurring in the workplace or educational settings, that creates a hostile environment.

Promotion

The act of advancing someone to a higher position or rank, often associated with increased responsibilities and benefits.

Hostile Work Environment

A situation in which an employee experiences workplace harassment or unwelcome conduct that is severe or pervasive enough to create a toxic atmosphere.

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