答案如下
A foreign currency (FC) is at a forward premium if the forward rate: A) expressed in dollars is above the spot rate. B) expressed in dollars is below the spot rate.??? C) expressed in FC/$ is above the spot rate.??? D) expressed in FC/$ is below the spot rate.
The correct answer was A) expressed in dollars is above the spot rate. A foreign currency is at a forward premium if the forward rate expressed in dollars is above the spot rate. A forward discount exists if the forward rate is below the spot rate.
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