Author Question: If the British pound is selling at 1.5212 spot on September 3, and at a 90-day forward rate of ... (Read 120 times)

kfurse

  • Hero Member
  • *****
  • Posts: 590
If the British pound is selling at 1.5212 spot on September 3, and at a 90-day forward rate of 1.5203, then ________.
 
  A) the pound is selling at a forward premium
  B) the pound is selling at a forward discount
  C) an investor should buy a call option
  D) speculators should buy put options

Question 2

Which of the following statements best describes a pluralistic society?
 
  A) Multiple segments of society adhere to the same political philosophy.
  B) Two dominant political parties rule local and federal governments.
  C) Different ideologies are held by different segments of society.
  D) Various ethnic groups belong to the official political party.


livaneabi

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

B

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

For a complete list of videos, visit our video library