Solved

Which Financial Instrument Provides a Buyer the Right to Purchase

Question 89

Multiple Choice

Which financial instrument provides a buyer the right to purchase or sell a fixed amount of currency at a prearranged price,within a few days to a couple of years?


A) Letter of credit
B) Foreign currency option
C) Cable transfer
D) Bill of exchange

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions