Interest rates on the U.S. dollar are 5.4% and euro rates are 4.6%. Given a dollar per euro spot rate of 0.918, what is the 6-month forward rate ($/E)?

A) 0.912
B) 0.917
C) 0.922
D) 0.934

C

Business

You might also like to view...

U.S. Savings Bonds are sold at a discount. The face value of the bond represents its value on its

future maturity date. Therefore, A) the current price of a $50 face value bond that matures in 10 years will be greater than the current price of a $50 face value bond that matures in 5 years. B) the current price of a $50 face value bond that matures in 10 years will be less than the current price of a $50 face value bond that matures in 5 years. C) the current price of a $50 face value bond will be higher if interest rates increase. D) the current prices of all $50 face value bonds will be the same, regardless of their maturity dates because they will all be worth $50 in the future.

Business

Prejudgment is a type of ________ barrier to effective communication

A) noise B) perception C) feedback D) sender

Business