Question
When British Pound appreciates relative to the US dollar, the indirect quote of the British pound increases. TRUE OR FALSE If the one year risk
When British Pound appreciates relative to the US dollar, the indirect quote of the British pound increases. TRUE OR FALSE
If the one year risk free rate in the US is greater than the one year risk free rate in Switzerland, then:
A. Direct quote for one year us dollar swiss franc forward contract is greater than direct quote for the us dollar swiss franc spot rate.
B. Direct quite for one yr us dollar swiss franc forward is lower than direct quote for the us dollar swiss franc spot rate.
C. Direct quote for the one yr us dollar swiss franc forward contract is lower than indirect quote for the us dollar swiss franc forward contract
D. Direct quote for the one yr us dollar swiss franc forward contract is greater than indirect quote for the us dollar swiss franc forward contract.
When the us dollar appreciates relative to the japanese yen, the indirect quote for the Japanese yen increases. True or False.
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