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    Business
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    International Accounting and Multinational Enterprises
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    Exam 13: Foreign Exchange Risk Management
  5. Question
    If the Forward Rate Is Greater Than the Spot Rate
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If the Forward Rate Is Greater Than the Spot Rate

Question 43

Question 43

Multiple Choice

If the forward rate is greater than the spot rate on a direct quote basis, the foreign currency would be selling at a


A) cross rate.
B) premium.
C) discount.
D) bid rate.

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