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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
    In an FX Forward Involving Buying a Foreign Currency, the Buyer
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In an FX Forward Involving Buying a Foreign Currency, the Buyer

Question 249

Question 249

True/False

In an FX forward involving buying a foreign currency, the buyer is said to be "long" in that currency-not "short" in that currency.

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