If the base currency in a forward exchange rate quote is trading at a forward discount, which
Question:
If the base currency in a forward exchange rate quote is trading at a forward discount, which of the following statements is most accurate?
A. The forward points will be positive.
B. The forward percentage will be negative.
C. The base currency is expected to appreciate versus the price currency.
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B is correct The base currency trading at a forward discount me...View the full answer
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