The franc is said to be selling at a ____ if the spot dollar price is $0.48 and the ninemonth forward rate is $0.42.
A. | forward discount |
B. | forward premium |
C. | forward spread |
D. | none of the above |
Answer : A Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |