Question
19. A _______________ arises when the forward rate is greater than the spot rate and the forward points are positive. A. Spread B. Cross rate
19. A _______________ arises when the forward rate is greater than the spot rate and the forward points are positive. A. Spread B. Cross rate C. Carry trade D. Forward discount E. Forward premium
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
13th edition
1285198840, 978-1285198842
