Multiple Choice
_____ Which of the following statements is false concerning speculating in a foreign currency using an FX forward?
A) There is no intent to create a counterbalancing position.
B) FX gains and losses are measured by changes in the spot rate.
C) FX gains or losses are recognized currently.
D) Split accounting is not used.
E) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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