Question: tevaughn tate 0 4 2 2 ? 2 5 1 : 1 7 PM 1 5 of 2 0 This test: 2 0 pointis )

tevaughn tate
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If a foreign currency is quoted in American terms (the direct quote) and the fonward rate is greater than the spot rate, the foreign ourmey is selling at a
A. forward premium
B. backward discount
C. forward discount
D. discounted premium
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tevaughn tate 0 4 2 2 ? 2 5 1 : 1 7 PM 1 5 of 2 0

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