Which of the following statements is correct? The ask quote is the rate at which the dealer will sell foreign currency. The most widely quoted Eurocurrency interest rate is the London Interbank Offer Rate, or LIBOR, which is the long-term premium rate that major insurance firms in London charge to policyholders. The spot rate is the exchange rate that you would pay for future delivery of a currency. All the answers are correct. If the exchange rate is the price in dollars for a foreign currency, it is often called the European or indirect quote: 1 pts Question 15 Which of the following statements is correct? Given that the spot rate is $1.5136/ and the 90-day forward quote is $1.4974/, we can say that the U.S. dollar is expected to depreciate against the Euro in the future. If a firm is located in a country with a relatively unstable political environment, management will require a lower rate of return on capital projects. The spot rate is the exchange rate that you would pay for future delivery of a currency. All the answers are correct. If a firm is located in a country with a relatively unstable political environment, management will require a higher rate of return on capital projects