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Which of the Following Statement(s)about the Currency Forward Market Is

Question 2

Multiple Choice

Which of the following statement(s) about the currency forward market is (are) true?
I.In the forward market you buy or sell currency for future delivery at a rate set today.
II.A forward market transaction is usually a made-to-order transaction.
III.Most forward transactions are settled in six months or less.


A) I only
B) I and II only
C) II and III only
D) I, II, and III

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