An investor sells Japanese yen which is yielding a low interest rate and uses the proceeds to buy Swiss francs that yield a higher interest rate. Which term best describes the investor's actions?
A) forward discount spread
B) interbank transaction
C) strike price option
D) carry trade
D
Business
You might also like to view...
By monitoring the blogosphere, companies hope to find ways to do what?
A) Increase recruitment efforts B) Enhance policy discussion C) Conduct market research D) Improve crisis communications E) Increase customer support
Business
Many common stocks are traded over the counter, although a majority of the largest corporations have their shares traded at organized stock exchanges
Indicate whether the statement is true or false
Business