I need help with these questions below. Plagiarism will be checked. Question 1: What makes a foreign exchange market different than a domestic market? Using examples, describe how forward markets and spot markets operate in the foreign exchange market. Question 2: Imagine visiting overseas, where you win the local lottery and can buy any foreign car you wish and will pay full retail price using the local currency, payable in three months. You have determined that you have enough cash at your bank in New York City, which pays 0.35 percent interest per month, compounding monthly, to pay for the car. There are two ways to pay for your car: Purchase the answer to view it Purchase the answer to view it
