Multiple Choice
Given the 3 month forward rate exchange between the USA and Switzerland is USD/CHF 1.1589 this suggests:
A) that interest rates in the USA are higher than in Switzerland.
B) the 3 month forward rate is at a premium.
C) that interest rates in the USA are lower than in Switzerland.
D) a person requires more data before making a conclusion.
Correct Answer:
Verified
Correct Answer:
Verified
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