Multiple Choice
An Australian importer with FX payable in 3 months can hedge and lock in the price of the required foreign currency by:
A) buying AUD futures.
B) buying a currency swap.
C) selling AUD futures.
D) selling a currency swap.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q63: A futures contract can be defined as
Q64: The process of marking to market is
Q65: A key characteristic of forward contracts that
Q66: If a borrower has entered into a
Q67: As part of futures trading,exchanges have traders
Q69: A wheat grower who wishes to protect
Q70: At the present time:<br>A) open-outcry trading occurs
Q71: If you buy a bank-accepted futures contract
Q72: The Chicago Board of trade (CBOT)established an
Q73: Which of the following statements is a