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Which of the Following Statements Is True

Question 57

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.

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