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  3. Study Set
    Advanced Accounting Concepts and Practice
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    Exam 14: Using Derivatives to Manage Foreign Currency Exposures
  5. Question
    An FX Forward Is an Agreement to Buy or Sell
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An FX Forward Is an Agreement to Buy or Sell

Question 37

Question 37

Short Answer

An FX forward is an agreement to buy or sell a foreign currency (technically exchange different currencies) at a specified ______________________________ and at a specified ________________________________________.

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