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    Exam 8: The Foreign Exchange Market
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    An Exchange Rate That Is Agreed Now and Delivered in Two
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An Exchange Rate That Is Agreed Now and Delivered in Two

Question 70

Question 70

Multiple Choice

An exchange rate that is agreed now and delivered in two days' time is known as a:


A) futures rate.
B) spot rate.
C) forward rate.
D) swap rate.

Correct Answer:

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