Multiple Choice
The strike price under an option is
A) The price at which the option is auctioned
B) The exchange rate which the currencies are agreed to be exchanged under the contract
C) . Lower of the market price and the agreed price
D) None of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Determination of forward rates is explained by<br>A)Uncovered
Q3: The demand for domestic currency in the
Q4: Hedging transaction is indicated by<br>A)Transactions in odd
Q5: Where an option is out of the
Q6: The following statement with respect to currency
Q7: If PPP holds<br>A)The nominal exchange rate will
Q8: India is facing continuous deficit in its
Q9: For the balance kept in the margin
Q10: An option at-the-money when<br>A)The strike price is
Q11: Banks permitted to run option book is