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Author Question: If a foreign currency is quoted in American terms (the direct quote) and the forward rate is greater ... (Read 37 times)

KimWrice

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on: Jul 7, 2018
If a foreign currency is quoted in American terms (the direct quote) and the forward rate is greater than the spot rate, the foreign currency is selling at a ________.
 
  A) forward premium
  B) forward discount
  C) backward discount
  D) discounted premium

Question 2

Albert, an employee at Morgan Stanley, has been given the task of handling the foreign exchange for a customer who is moving from Brazil to Switzerland in one week.
 
  Which of the following should Albert most likely use when exchanging the client's Brazilian real for Swiss francs?
  A) spot rate
  B) cross rate
  C) currency option
  D) current U.S. rate
International Business ¦ Daniels, Radebaugh, Sullivan ¦ 16th Edition
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pocatato

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Reply #1 on: Jul 7, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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KimWrice

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Reply 2 on: Jul 7, 2018
YES! Correct, THANKS for helping me on my review

milbourne11

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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