The franc is said to be selling at a _______ if the spot dollar price – McqOptions

MCQOPTIONS

1.	The franc is said to be selling at a _______ if the spot dollar price is $0.48 and the nine-month forward rate is $0.42 ?
A.	forward discount
B.	forward premium
C.	forward spread
D.	None of these
Answer» B. forward premium

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