Multiple Choice
If the AUD/USD forward spread is -5.00%, which interpretation is correct?
A) The U.S. dollar is selling forward at a premium against the Australian dollar.
B) The U.S. dollar is selling forward at a discount against the Australian dollar.
C) The Australian dollar is selling forward at a discount against the U.S. dollar.
D) None of the given answers.
Correct Answer:
Verified
Correct Answer:
Verified
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