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The Forward Exchange Rate __________

Question 3

Multiple Choice

The forward exchange rate __________.


A) is the rate today for exchanging one currency for another for immediate delivery
B) is the rate today for exchanging one currency for another at a specific future date
C) is the rate today for exchanging one currency for another at a specific location on a specific future date
D) is the rate today for exchanging one currency for another at a specific location for immediate delivery

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