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​A Firm Sells a Currency Futures Contract, and Then Decides

Question 75

Multiple Choice

​A firm sells a currency futures contract, and then decides before the settlement date that it no longer wants to maintain such a position. It can close out its position by:


A) ​buying an identical futures contract.
B) ​selling an identical futures contract.
C) ​buying a futures contract with a different settlement date.
D) ​selling a futures contract for a different amount of currency.
E) ​purchasing a put option contract in the same currency.

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