Multiple Choice
To purchase a stated number of units of the underlying foreign currency at a specific price per unit during a specific period of time is called a/an
A) put option.
B) market option.
C) call option.
D) operating option.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q50: When payment is made only under compliance
Q51: A bank guarantee is a financial instrument
Q52: The in-house bank is better equipped to
Q53: The line of credit against which drafts
Q54: Matching is used to balance all of
Q56: In cash management, when considering efficient funding
Q57: Private sources of export financing include private
Q58: A revolving letter of credit<br>A) automatically renews.<br>B)
Q59: Financing through equity markets can be realized
Q60: Most L/Cs issued in connection with commercial