Question
In an agreement to exchange dollars for euros in three months at a price of $0.90 per euro, the price is the (a) Spot exchange
In an agreement to exchange dollars for euros in three months at a price of $0.90 per euro, the price is the
(a) Spot exchange rate.
(b) Money exchange rate.
(c) Forward exchange rate.
(d) Monthly exchange rate.
(e) Fixed exchange rate.
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Price theory and applications
Authors: Steven E landsburg
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