【单选题】Assume the following: the current spot rate S¥/$ = 100.0 and the annual interest rates: iJAPAN = 2% and iUS = 10%. According to covered interest parity, if an intern at Citibank sets the one-year forw...
A.
the intern has correctly set the forward rate.
B.
both U.S. and Japan’s investment returns are equal.
C.
the Japan’s investment return exceeds the U.S. investment return
D.
the U.S. investment return exceed the Japan’s investment return
【单选题】Assume the following: the current spot rate S$/£ = 2.00 and the annual interest rates: iUS = 4% and iUK = 8%. According to covered interest parity, if an intern at a bank in U.K. sets the 90-day forwa...
A.
the intern has correctly set the forward rate.
B.
both U.S. and U.K. investment returns are equal.
C.
the British investment return exceeds the U.S. investment return
D.
the U.S. investment return exceed the British investment return
【单选题】Assume the average vehicle selling price in the United States last year was $41,996. The average price 9 years earlier was $29,000. What was the annual increase in the selling price over this time per...