« previous next »

Author Question: The exchange rate at which a bank will purchase a currency is called a ________ rate. A) prime ... (Read 156 times)

awywial

  • Hero Member
  • *****
  • Posts: 577
on: Jul 7, 2018
The exchange rate at which a bank will purchase a currency is called a ________ rate.
 
  A) prime
  B) buy
  C) ask
  D) forward

Question 2

Which of the following is an exchange rate that requires delivery of the traded currency within two business days?
 
  A) forward rate
  B) spot rate
  C) cross rate
  D) prime rate


Pswine

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jul 7, 2018
Answer to Question 1

B

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

The four ways in which animals exchange heat with the environment are radiation, evaporation, convec The four ways in which animals exchange heat with the environment are radiation, evaporation, convec
Primary production is positively correlated with the evapotranspiration rate. Primary production is positively correlated with the evapotranspiration rate.
The approval of a new drug is a four-stage process: (1) preclinical investigation, (2) clinical inve The approval of a new drug is a four-stage process: (1) preclinical investigation, (2) clinical inve
Rate of Growth of Brain Areas Rate of Growth of Brain Areas
Example of Reconciling a Bank Statement Cont. Example of Reconciling a Bank Statement Cont.
ATP, an important energy currency in cells ATP, an important energy currency in cells
Video: Osteoporosis

For a complete list of videos, visit our video library