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samoo1 samoo1
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7 years ago
If a foreign currency is quoted in American terms (the direct quote) and the forward rate for a foreign currency is less than the spot rate, the foreign currency is selling at a ________.
A) forward premium
B) backward discount
C) backward premium
D) forward discount
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International Business

International Business


Edition: 15th
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Studying law and politics at NYU
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vindalovindalo
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