Multiple Choice
Forward rate agreements can be used for speculative purposes.If one believes rates will be less than the agreement rate,
A) take a short position in a forward rate agreement.
B) the purchase of a FRA is the suitable position.
C) the sale of a FRA is the suitable position.
D) take a long position in the spot market.
Correct Answer:
Verified
Correct Answer:
Verified
Q64: By far the most important international finance
Q65: A bank may establish a multinational operation
Q66: A representative office<br>A)is a way for the
Q67: A bank agrees to buy from a
Q68: A bank may establish a multinational operation
Q70: Since SR < AR,then<br>A)ABC Bank will pay
Q71: A foreign branch bank operates like a
Q72: A bank bought a "three against six"
Q73: Both subsidiary and affiliate banks<br>A)operate under the
Q74: A bank may establish a multinational operation