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Table 172 Foreign Exchange Quotations $\begin{array}{llcc} \quad\quad\quad\quad\quad\quad\quad\text { U.S. Dollar Equivalent} & \text {Currency Per U.S. Dollar } \\\end{array}$

Question 26

Multiple Choice

Table 17.2 Foreign Exchange Quotations
$\begin{array}{llcc} \quad\quad\quad\quad\quad\quad\quad\text { U.S. Dollar Equivalent} & \text {Currency Per U.S. Dollar } \\\end{array}$
$\begin{array}{lllll}&\underline{\text {Tuesday}}&\underline{\text {Monday}}&\underline{\text {Tuesday}}&\underline{\text {Monday}}\\\text { British Pound } & 1.4270 & 1.4390 & 0.7008 & 0.6949 \\\text { 30-day Forward } & 1.4211 & 1.4333 & 0.7037 & 0.6977 \\\text { 60-day Forward } & 1.4090 & 1.4220 & 0.7097 & 0.7032 \\\text { 180-day Forward } & 1.3930 & 1.4070 & 0.7179 & 0.7107\end{array}$
-Refer to Table 17.2. Comparing Tuesday to the previous Monday, by Tuesday the pound's exchange value had

A) depreciated against the dollar
B) appreciated against the dollar
C) not changed against the dollar
D) become equivalent to the value of the dollar

Table 172 Foreign Exchange Quotations U.S. Dollar EquivalentCurrency Per U.S. Dollar \begin{array}{llcc} \quad\quad\quad\quad\quad\quad\quad\text { U.S. Dollar Equivalent} & \text {Currency Per U.S. Dollar } \\\end{array} U.S. Dollar Equivalent​Currency Per U.S. Dollar ​

Multiple Choice

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Table 172 Foreign Exchange Quotations $\begin{array}{llcc} \quad\quad\quad\quad\quad\quad\quad\text { U.S. Dollar Equivalent} & \text {Currency Per U.S. Dollar } \\\end{array}$

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