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  3. Study Set
    Financial Institutions Management
  4. Exam
    Exam 13: Foreign Exchange Risk
  5. Question
    The Use of an Exchange Rate Forward Contract Assures the FI
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The Use of an Exchange Rate Forward Contract Assures the FI

Question 23

Question 23

True/False

The use of an exchange rate forward contract assures the FI of the opportunity to buy (or sell) the foreign currency at a future time at a known price.

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