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NEW QUESTION: 1
Which of the following reflects the pricing convention for currency forwards, where one of the currencies is USD?
A. It can be quoted either way, based on whether the contract is for a short maturity or long
B. Forward forex prices are always quoted as the number of US dollars one unit of the foreign currency can buy
C. Forward forex prices are always quoted as the number of units of the foreign currency that one US dollar can buy
D. It depends upon the currency - futures forex prices follow the same convention as for spot prices
Answer: D
Explanation:
Explanation
Price quotes for futures where one of the currencies is the US dollar follow the convention of using the number of US dollars one unit of the foreign currency can buy. (For JPY, 100 Yen is used.) In the forward market, the same convention as is used in the spot market is used.
In the spot market, prices are expressed as the number of units of the foreign currency that 1 USD can buy, except for GBP, EUR, AUD and NZD where it is the other way round (ie, number of USDs that 1 of each of these currencies can buy).

NEW QUESTION: 2
HOTSPOT
You need to find all existing works about World History that are overdue and are stored in the repository.
How should you complete the relevant code? To answer, select the appropriate option or options in the answer area.
Hot Area:

Answer:
Explanation:

NEW QUESTION: 3

A. ConNull
B. ConFind
C. ConPoke
D. ConDel
Answer: C