When short-term interest rates become lower in Tokyo than in New York, interest arbitrage operations will most likely result in a(n)

a. increase in the spot price of the yen.
b. increase in the forward price of the dollar.
c. sale of dollars in the forward market.
d. purchase of yen in the spot market.


c. sale of dollars in the forward market.

Business

You might also like to view...

Self-pity is a positive characteristic that is appreciated by others

Indicate whether the statement is true or false

Business

The assembled part is referred to as the?

a. Child item b. Sibling item c. Parent item d. Cousin item

Business

What is knowledge management? Identify five benefits of knowledge management

What will be an ideal response?

Business

Court opinions are published in collections of court opinions called reporters

a. True b. False Indicate whether the statement is true or false

Business