When the yen is selling at a premium in the forward market, the euro price of the yen in the forward market €/¥ would be ________ the spot price of €/¥

A) smaller than
B) the same as
C) approximately the same as
D) larger than


Answer: D

Business

You might also like to view...

Which of the following accounts is not classified as a current asset?

A) Receivables B) Inventory C) Patent D) Prepaid Insurance

Business

What is the term for the process by which we obtain release from unpleasant emotional tensions by talking about the source of these tensions

a. Acceptance b. Denial c. Negation d. Catharsis

Business

To create active statements that show results, which of the following should be included?

A) Small details whenever possible B) General claims C) Action verbs D) Claims that express your ability to be a team player E) Quantified results to the most important claims

Business

Which of the following is not a disadvantage of open door policies for resolving disputes in the workplace?

A. They are generally slow and cumbersome processes and employees have to wait a long time for a decision B. They lack a guarantee of equity in the process C. They lack a guarantee of employee voice in the process D. They lack many elements of due process

Business