第六章测试1.The factor used to convert from one country’s currency to another
country’s currency is called the（ ）。
A:Strike price B:Interest rate. C:Cost of Capital. D:Exchange rate.
答案:D
2.What is exchange rate（ ）。
A:The difference between the price of goods in a foreign currency and the price in a domestic currency. B:The cost to hold all monetary assets in a single currency. C:The price to buy a foreign currency. D:The price to buy foreign goods. 3.The number of RMB Yuan today to buy one U.S.Dollar six months from now is called（ ）。
A:The spot rate. B:The prime rate. C:The forward rate. D:The exact rate. 4.The number of U.S.Dollar required today to buy one RMB Yuan today is called（ ）。
A:The spot rate. B:The exact rate. C:The retail rate D:The forward rate. 5.What is a foreign currency transaction（ ）。
A:It is a transaction that involves payment at a date sometime in the future. B:It is another name for an international transaction. C:It is a business deal dominated in a currency other than a company’s domestic currency. D:It is an economic event measured in a currency other than RMB Yuan.
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