A 'currency options contract' is written between a firm and a bank and it fixes the currency exchange rate for a transaction that will occur at a future date.
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Q1: Firms that have a considerable amount of
Q2: One British pound can be purchased for
Q3: The foreign exchange market, also known as
Q4: The _ rate is a price for
Q5: The US dollar and the Chinese Yuan
Q6: Your firm needs to pay its British
Q7: One British pound can be purchased for
Q10: A floating exchange rate means that the
Q11: The forward exchange rate is the rate
Q17: Multinational firms often use currency forward contracts
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