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    International Financial Management
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    Exam 3: Forward Markets and Transaction Exchange Risk
  5. Question
    What Is the Term for the Conditional Mean of the Probability
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What Is the Term for the Conditional Mean of the Probability

Question 1

Question 1

Multiple Choice

What is the term for the conditional mean of the probability distribution of future spot rates?


A) the expected swap rate
B) the future exchange rate
C) the outright rate
D) the expected future spot rate

Correct Answer:

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