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This Means That: the Following Are the Spot and the Swap

Question 14

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This means that: The following are the spot and the swap forward rates of the AUD/USD. This means that: The following are the spot and the swap forward rates of the AUD/USD. A) the U.S. dollar is selling at a forward discount B) the U.S. dollar is selling at a forward premium C) the Australian dollar is selling at a forward discount D) after allowing for transaction costs, both currencies sell at par


A) the U.S. dollar is selling at a forward discount
B) the U.S. dollar is selling at a forward premium
C) the Australian dollar is selling at a forward discount
D) after allowing for transaction costs, both currencies sell at par

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