Answer:
<u>discount</u>, <u>the size of the discount increased </u>
Explanation:
As per the interest rate parity theory (IRPT) , the difference between forward and spot rate of a currency is equal to the difference between their respective interest rates.
Forward rate for SGD i.e Singapore dollar means the US Dollars which can be purchased by 1 SGD i.e US Dollars per SGD.
Also, the currency whose interest rate is higher would be at a forward discount whereas the currency with lower interest rate would be at a forward premium. This effect mitigates the possibility of any arbitrage gain.

= Interest rate in USA
= Interest rate in Singapore
As per the given information, FR = SR ×
= Spot Rate × 0.99
when interest rate in Singapore rises and falls in USA.. Let's assume, new interest rates being 3% in USA and 6% in Singapore.
Forward Rate would be, Spot Rate ×
= Spot rate × 0.972
Thus, it can be seen that SGD was at a forward discount at the beginning and with increase in it's interest rates and reduction in US Dollar interest rates, SGD forward discount increased.
Answer:
C. Not being able to spend that $100 on some furniture for your house
Explanation:
A possible opportunity cost when you spend $100 on a pair of sneakers is: Not being able to spend that $100 on some furniture for your house. A possible opportunity cost when you spend $100 on a pair of sneakers is: Not being able to spend that $100 on some furniture for your house.
It has significantly decreased
<span>The fact that Kellog is increases its promotion expenditure to counteract competitive responses means that </span>Kellogg's is in the maturity stage of the product life cycle. The maturity stage us the third stage of the product life cycle, and comes a<span>fter the </span>Introduction<span> and </span>Growth<span> stages.
</span>In this stage the companies are focused on maintaining their market share in the face of a number of different challenges.