This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If a foreign currency is quoted in American terms (the direct quote) and the forward rate is greater ... (Read 79 times)

KimWrice

  • Hero Member
  • *****
  • Posts: 579
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

pocatato

  • Sr. Member
  • ****
  • Posts: 333
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.
Answer Preview
Only 56% of students answer this correctly


KimWrice

  • Member
  • Posts: 579
Reply 2 on: Jul 7, 2018
Gracias!

kthug

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Medical Terms and Corresponding Synonyms Cont Medical Terms and Corresponding Synonyms Cont
Mazie Hirono, the first Japanese American woman to be elected a U.S. senator. Mazie Hirono, the first Japanese American woman to be elected a U.S. senator.
A typical direct-injection system uses two pumps—one low-pressure electric pump in the fuel tank ... A typical direct-injection system uses two pumps—one low-pressure electric pump in the fuel tank ...
Dorsiflexion of the foot with direct pressure to bottom of foot with the thumbs. Dorsiflexion of the foot with direct pressure to bottom of foot with the thumbs.
Use of forward and reverse genetics to determine gene function Use of forward and reverse genetics to determine gene function
Video: Protein catabolism (Krebs cycle) and Protein anabolism (protein synthesis)

For a complete list of videos, visit our video library