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_____ Is Defined as the Conversion of One Currency into Another

Question 70

Multiple Choice

_____ is defined as the conversion of one currency into another at Time 1,with an agreement to revert it back to the original currency at a specific Time 2 in the future.


A)  Currency swap 
B)  Currency hedging 
C)  Spot transaction 
D)  Forward transaction

Correct Answer:

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