Multiple Choice
If the spot exchange rate is 0.5650 and the forward quote is 10- 20 basis points, then the forward exchange rate is:
A) 0.5640 - 0.5660.
B) 0.5640 - 0.5670.
C) 0.5660 - 0.5670.
D) 0.5640 - 0.5630.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q11: Explain the meaning and use of forward
Q12: When the RBA intervenes in the FX
Q13: Globalisation is widely recognised as counteracting the
Q14: Discuss the aims and methods of central
Q15: Which of the following best describes the
Q17: The Euro became legal tender in the
Q18: Suppose an Australian importer buys manufacturing equipment
Q19: An exchange rate defined as the price
Q20: The 'law of one price' says that
Q21: Arbitrage is possible when distinct but essentially