Solved

A ___________ Between a Bank and a Customer Calls for a Fixed

Question 15

Multiple Choice

A ___________ between a bank and a customer calls for a fixed delivery date,at a fixed exchange rate for a specified amount of one currency against another currency payment.


A) spot quotation
B) currency option
C) currency swap
D) forward contract

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q10: Hedgers,mostly _,engage in forward contracts on the

Q11: Suppose it is January 1980 and the

Q12: The spot and 30-day forward rates for

Q13: When an importer goes long in the

Q14: What is the name of the foreign

Q16: If the direct price of the dollar

Q17: Trading on the foreign exchange market is<br>A)located

Q18: Suppose the Brazilian Real is quoted at

Q19: If the direct price of the dollar

Q20: Suppose pound sterling is quoted at $1.4419-36,and