‏The one-year forward rate of the British pound is quoted at $1.60, and the spot rate of the British pound is quoted at $1.63. The forward ____ is ____ percent.‌ A: discount; 1.9 B: discount; 1.8 C: premium; 1.9 D: premium; 1.8

2022-06-19

‏The one-year forward rate of the British pound is quoted at $1.60, and the spot rate of the British pound is quoted at $1.63. The forward is percent.‌ A: discount; 1.9 B: discount; 1.8 C: premium; 1.9 D: premium; 1.8

‏The one-year forward rate of the British pound is quoted at $1.60, and the spot rate of the British pound is quoted at $1.63. The forward ____ is ____ percent.‌
A: discount; 1.9
B: discount; 1.8
C: premium; 1.9
D: premium; 1.8

答案：

B

举一反三

The calculation of the forward foreign exchange rate is ( ) A: Under the direct quotation, the spot exchange rate plus premium points and minus discount points B: Under the indirect quotation, the spot exchange rate plus premium points and minus discount points C: Under the indirect quotation, the spot exchange rate minus premium points and plus discount points D: The longer the period, the greater the bid-ask spread
In the foreign exchange market, there would be forward oncurrencies with higher interest rates and forward on currencies with lower interest rates. A: discount, discount B: premium, premium C: discount, premium D: premium, discount
If the forward exchange rate, defined as the domestic currency price<br/>of the foreign currency, is smaller than the spot exchange rate,<br/>there is a ( ). A: forward premium on the foreign currency. B: forward discount on the foreign currency. C: shortage of dollars. D: surplus of dollars.
As of today, the spot exchange rate is €1.00 = $1.60 and the rates of inflation expected to prevail for the next year in the U.S. is 2% and 3% in the euro zone. What is the one-year forward rate that should prevail? ( ) A: €1.00 = $1.6157 B: €1.6157 = $1.00 C: €1.00 = $1.5845 D: $1.00 × 1.03 = €1.60 × 1.02
An appreciation in the value of the U.S. dollar against the British pound would tend to: A: Increase in the spot price of the yen B: Increase in the forward price of the dollar C: Sale of dollars in the forward market D: Purchase of yen in the spot market

内容

0
The covered interest differential is _____ the sum of the forward premium on a currency and the interest rate differential.
1
How many dollars would it cost to buy an Edinburgh Woolen Mill sweater costing 50 British pounds if the exchange rate is 1.25 dollars per one British pound?
2
If the U.S. dollar and British pound have a flexible exchange rate, and the U.S. dollar changes so that one needs more dollars to buy one pound, the currency has A: depreciated. B: appreciated. C: devalued. D: revalued.
3
Assume the following data: Risk-free rate = 4.0 percent; average risk premium = 7.7 percent. Calculate the required rate of return for the risky asset. A: 5.6 percent B: 7.6 percent C: 11.7 percent D: 30.8 percent
4
According to the theory of interest rate parity, if a country raises interest rate, it will cause the local currency to discount in the forward market.