An
agreement to exchange currencies sometime in the future is referred
to as which one of the following?()
A: Forward
trade
B: Hedge
C: Gilt
D: Forward
exchange rate
E: Spot
trade
agreement to exchange currencies sometime in the future is referred
to as which one of the following?()
A: Forward
trade
B: Hedge
C: Gilt
D: Forward
exchange rate
E: Spot
trade
举一反三
- The exchange rate that is set now for a currency trade that will take<br/>place sometime more than a few days in the future is often referred<br/>to as a __. A: spot exchange rate. B: forward exchange rate. C: pegged exchange rate. D: managed exchange rate.
- The exchange rate set for an immediate trade is often referred to as<br/>a __. A: managed exchange rate. B: pegged exchange rate. C: forward exchange rate. D: spot exchange rate.
- The<br/>immediate (two-day) exchange of one currency for another is a A: forward<br/>transaction. B: spot<br/>transaction. C: money<br/>transaction. D: exchange<br/>transaction
- Which<br/>of these states that the difference in interest rates between two<br/>countries is equal to the percentage difference between the forward<br/>exchange rate and the spot exchange rate?() A: Arbitrage<br/>equilibrium B: Relative<br/>purchasing power parity C: Absolute<br/>purchasing power parity D: Interest<br/>rate parity E: Cross-rate<br/>parity
- 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.