Question

If the forward value of the currency is cheaper, the

Q: If the forward value of the currency is cheaper, the currency is called -

ForwardRateSpotRatePremiumDiscountIftheforwardvalueofthecurrencyishigherthancostlierthespotpresentvaluethanthecurrencyisatPremiumIftheforwardvalueofthecurrencyischeaperthanthespotpresentvaluethanthecurrencyisatDiscount

currency is called -

A At premium

B At discount

C At par

D At value

E None of the above

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Question

If the forward value of the currency is cheaper, the

Solution

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