【单选题】听力原文:In foreign exchange transactions, a forward purchase is an undertaking to buy a particular amount of foreign currency for delivery and settlement of a future date. (7)
A.
A forward transaction is done on a future date.
B.
A forward purchase is to buy foreign currency in future.
C.
A forward purchase is to buy a foreign currency with settlement on a future date.
D.
A forward transaction is to buy a foreign currency on future date.
【单选题】Suppose that you are an investor based in Denmark, and you expect the U.S. dollar to depreciate by 3% over the next year. The interest rate on one-year risk-free bonds is 4.5% in the United States, an...
【单选题】Brisco Bricks purchases raw material from its foreign supplier, Bolivian Clay, on May 8. Payment of 2,000,000 foreign currency units (FC) is due in 30 days. May 31 is Brisco's fiscal year-end. The per...
A.
y 8 Spot rate $1.25
B.
y 31 Spot rate $1.26
C.
ne 7 Spot rate $1.20
D.
w much Foreign Exchange Gain or Loss should Brisco record on May 31?
【单选题】If the expected future spot exchange rate value of the foreign currency decreases, with the interest rate differential unchanged, the current spot exchange rate value of the domestic currency: