The longer you have to wait to receive a payment
A) the greater value it will have to you.
B) the lower the interest rate you will charge on the payment.
C) the less value it will have to you.
D) the more you are willing to discount the payment.
C
Economics
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The euro is said to be selling at a ________ if the spot dollar price is $1.18 and the nine-month forward rate is $1.16
A) forward discount B) forward premium C) forward spread D) none of the above
Economics
A positive relationship exists between monetary growth and interest rates when the
A) aggregate supply curve is horizontal. B) aggregate demand curve is horizontal. C) price level is fixed. D) income effect offsets the liquidity effect.
Economics