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The Australian Dollar Futures Contract Was Not Traded on the Sydney

Question 2

Multiple Choice

The Australian dollar futures contract was not traded on the Sydney Futures Exchange during the 1990s because:


A) of the lack of demand for the contract
B) it did not have the same specifications as the contract traded on the IMM
C) forward contracts are better hedging and speculative instruments
D) the Australian dollar is not a major currency

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