• 2021-04-14
    When the GBP forward rate is below the current spot rate, the GBP is selling at a .
  • Forward discount

    内容

    • 0

      If the inflation rate is zero, then A: both the nominal interest rate and the real interest rate can fall below zero. B: the nominal interest rate can fall below zero, but the real interest rate cannot fall below zero. C: the real interest rate can fall below zero, but the nominal interest rate cannot fall below zero. D: neither the nominal interest rate nor the real interest rate can fall below zero.

    • 1

      ‏The one-year forward rate of the British pound is quoted at $1.60, and the spot rate of the British pound is quoted at $1.63. The forward ____ is ____ percent.‌ A: discount; 1.9 B: discount; 1.8 C: premium; 1.9 D: premium; 1.8

    • 2

      The calculation of the forward foreign exchange rate is ( ) A: Under the direct quotation, the spot exchange rate plus premium points and minus discount points B: Under the indirect quotation, the spot exchange rate plus premium points and minus discount points C: Under the indirect quotation, the spot exchange rate minus premium points and plus discount points D: The longer the period, the greater the bid-ask spread

    • 3

      According to the expectation theory of term structure of interest rate theory, if the future forward rate is expected to decline, the long-term interest rate at the current point will be lower than the short-term interest rate. A: 正确 B: 错误

    • 4

      If the forward exchange rate, defined as the domestic currency price<br/>of the foreign currency, is smaller than the spot exchange rate,<br/>there is a ( ). A: forward premium on the foreign currency. B: forward discount on the foreign currency. C: shortage of dollars. D: surplus of dollars.