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Which of the Following Are Rules to Use When Choosing

Question 9

Multiple Choice

Which of the following are rules to use when choosing between forward contracts and currency options:


A) When the quantity of a foreign-currency cash outflow is known, buy the currency forward.
B) When the quantity of a foreign-currency cash outflow is unknown, buy the currency forward.
C) When the quantity of a foreign-currency cash flow is partially known and partially uncertain, use a forward contract to hedge the known and unknown portions.
D) When the quantity of a foreign-currency cash inflow is known, buy the currency forward.

Correct Answer:

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