An analyst does research about currency exchange rate and gathers the following information about euro (€)/dollar($) exchange rates:
Relative to the dollar, the euro is best described as:()
A. weak, trading at an annualized forward discount of 6.17 percent.
B. weak, trading at an annualized forward discount of 6.20 percent.
C. strong, trading at an annualized forward premium of 6.17 percent.
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A. 0.25
B. 0.31
C. 0.40
A. unit elastic.
B. highly elastic.
C. highly inelastic.
A. price.
B. output per firm.
C. the number of firms.
A. Import.
B. Export.
C. Government expenditure.
A. that there is a break in the marginal revenue curve.
B. that the price decreases by one firm is followed by its peers.
C. that the price and quantity are sensitive to small cost changes.
Year | Earnings per Share | Market Price per Share | Price-to-Earnings Ratio |
2009 | $4.00 | $28 | 7.0 |
2010 | $2.00 | $22 | 11.0 |
2011 | $3.00 | $19.5 | 6.5 |
A. 7.74
B. 7.94
C. 8.17
A. the set of rules used to select a sample.
B. quantity computed from a sample.
C. descriptive measure of a sample.
A. 43.9%
B. 57.1%
C. 70.0%
A. less than the Sharpe ratio.
B. equal to the Sharpe ratio.
C. greater than the Sharpe ratio.
A. less precision.
B. the same precision.
C. greater precision.
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