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    Financial Management Theory and Practice Study Set 4
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    Exam 17: Multinational Financial Management
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    If a Dollar Will Buy Fewer Units of a Foreign
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If a Dollar Will Buy Fewer Units of a Foreign

Question 43

Question 43

True/False

If a dollar will buy fewer units of a foreign currency in the forward market than in the spot market, then the forward currency is said to be selling at a premium to the spot rate.

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