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    Business
  3. Study Set
    International Business Competing
  4. Exam
    Exam 10: The Foreign Exchange Market
  5. Question
    If the Spot Rate Is $1 = 120, and the 30-Day
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If the Spot Rate Is $1 = 120, and the 30-Day

Question 3

Question 3

True/False

If the spot rate is $1 = 120, and the 30-day forward rate is $1 = ×130, the dollar is selling at a discount in the forward market.

Correct Answer:

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