The Forward Exchange Rate

question 101

Multiple Choice

The forward exchange rate:

• A) allows investors to be sure of the price at which they can trade forex in the future.
• B) is the rate at which a trader can purchase currency for immediate delivery.
• C) is the rate of discount that international banks get when they purchase.
• D) is the rate that speculators consider if they are looking for bargain prices.

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Definitions:

Coenzymes

Organic non-protein molecules that bind to enzymes and are required for their activity.

Thyroxine

A hormone produced by the thyroid gland that regulates metabolism, energy generation, and nervous system development.

Catabolism

The metabolic process that breaks down molecules into smaller units to release energy.

Phosphorylate

The process of introducing a phosphate group into an organic molecule, often to activate or deactivate proteins and enzymes in cells.