When the forward price of a currency is equal to the spot price,it is sold at a forward ________.
A) Premium
B) Discount
C) Flat
D) Trade

Name: When the forward price of a currency is equal to the spot price,it is sold at a forward ________. A) Premium B) Discount C) Flat D) Trade
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Question

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When the forward price of a currency is equal to the spot price, it is sold at a flat rate. This means that neither a premium nor a discount is applied to the transaction.

When the Forward Price of a Currency Is Equal to the Spot