Business
Business, 15.04.2020 04:19, mgreenamb

Assume that an American company today can either invest some of its spare cash in a US money market account that will earn 0.08 percent for a period of two months, or in a Hungarian money market account that will earn 8 percent for a period of two months. A trader borrows in US Dollars and then converts the money into Hungarian florints and deposits it in a Hungarian bank to make the margin. Which type of trade is this an example of?a. Spot and Channel tradeb. Price action tradec. Swap traded. Carry trade

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Assume that an American company today can either invest some of its spare cash in a US money market...

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