Multiple Choice
Currency futures can be used by MNCs to hedge payables. That is, an MNC would ____ futures to hedge a foreign payable position. Also, currency futures can be used for speculation. For example, a speculator expecting a currency to appreciate would ____ futures.
A) buy; buy
B) sell; sell
C) buy; sell
D) sell; buy
Correct Answer:
Verified
Correct Answer:
Verified
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