Multiple Choice
Which of the following would result in a profit on a futures contract when the underlying currency depreciates?
A) Buy a futures contract; sell a futures contract aFter the currency has depreciated.
B) Sell a futures contract; buy a futures contract aFter the currency has depreciated.
C) Buy a futures contract; buy an additional futures contract aFter the currency has depreciated.
D) None of the above would result in a profit when the underlying currency of the futures contract depreciates.
Correct Answer:

Verified
Correct Answer:
Verified
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