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

International Business


Edition: 15th
Authors:
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International Business Student!
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vindalovindalo
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7 years ago
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campario Author
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7 years ago
Helped a lot
Mkersey12
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Yesterday
Good timing, thanks!
decibul
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2 hours ago
Thanks
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