In which of the following categories would an agreement to trade currencies in pre-set amounts at a certain date in the future be included?
A) an option
B) a futures contract
C) a forward contract
D) a swap
Correct Answer:
Verified
Q80: Some nations use a currency board to
Q81: The difference between the spot contract and
Q82: In international finance, hedging indicates:
A) not being
Q83: The forward market is:
A) a market that
Q84: Forwards, swaps, futures, and options are examples
Q86: A foreign exchange option is:
A) the right
Q87: A derivative is a:
A) contract derived from
Q88: A transaction cost associated with spot trading
Q89: Foreign exchange swaps involve:
A) selling one currency
Q90: Market spreads usually range from _ on
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