Multiple Choice
If the purpose of buying currency contracts is to realize a net gain, then the purchaser is _____ and not _____.
A) hedging….speculating
B) speculating….hedging
C) speculating….financing
D) hedging….financing
E) Purchasers do not get involved in managing currency fluctuation as this is solely a finance department activity.
Correct Answer:
Verified
Correct Answer:
Verified
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