Multiple Choice
Which of the following statements is true?
A) Foreign exchange rate is the exchange rate agreed to today for future delivery of a currency.
B) Future exchange rate is the exchange rate agreed to today for future delivery of a currency.
C) Forward exchange rate is the exchange rate agreed to today for future delivery of a currency.
D) Future exchange rate is the exchange rate agreed to today for future delivery of a currency futures contract.
Correct Answer:

Verified
Correct Answer:
Verified
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