GEB MCQ
GEB Chapter 8
The ________ represents the marketplace's aggregate prediction of the spot price of the currency rate in the future.
The ________ represents the marketplace's aggregate prediction of the spot price of the currency rate in the future.
The ________ represents the marketplace's aggregate prediction of the spot price of the currency rate in the future.
A. forward price
B. spot price
C. exchange rate
D. par value
Answer: A
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