If the forward price of a currency contract is lower than the spot rat
If the forward price of a currency contract is lower than the spot rate, the currency is said to be at a
A) forward discount.
B) forward premium.
C) future expected exchange rate.
D) forward swap rate.
ANSWER
Answer: A
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.