It Is 1985 and Suppose the 90-Day Forward Quotes on the DM

question 33

Multiple Choice

It is 1985 and suppose the 90-day forward quotes on the DM and the French franc are $.4002-10 and $.1180-90,respectively.What is the direct 90-day forward quote for the franc in Frankfurt?

• A)3.3625-54
• B)3.3631-92
• C).2943-74
• D).2949-68

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Definitions:

GTPase

An enzyme that hydrolyzes the guanosine triphosphate (GTP) to guanosine diphosphate (GDP), playing a critical role in cell signaling.

ATP

ATP, or adenosine triphosphate, is a molecule that transports chemical energy within cells for metabolism.

Endocrine Glands

Glands of the endocrine system that secrete their products, hormones, directly into the blood rather than through a duct.

Exocrine Glands

Glands that secrete their products into ducts that lead directly to the external environment.