If a Currency's Forward Rate Is Higher Than Its Spot

question 175

True/False

If a currency's forward rate is higher than its spot rate, the currency is trading at a discount.

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Definitions:

Sadness

A human emotion characterized by feelings of disappointment, grief, or hopelessness.

Lying and Cheating

Behaviors that involve deliberately deceiving others or breaking rules to gain an unfair advantage.

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Applied Behavior Analysis

A therapy based on the principles of behaviorism used to improve specific behaviors while reducing unwanted ones through reinforcement strategies.