Which of the Following Is an Example of a "Forward

question 61

Multiple Choice

Which of the following is an example of a "forward"?

• A)Right to buy 100 shares of CIBC over the next 5 years.
• B)Commitment to buy 100 barrels of oil next month at $125/barrel.
• C)Commitment to buy $100,000 US dollars in 4 months at US$=1.10.
• D)Pay interest at prime +3% in exchange for receiving interest at 5%.

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Definitions:

Two Categories

A classification method that divides items or subjects into two distinct groups based on specific criteria.

Z-test

An evaluative statistical approach used to see if there's a meaningful difference between the mean values of two populations, provided that the variances are established and the samples are sizeable.

Two Categories

A classification into one of two distinct groups or divisions based on specific criteria.

Claims Filed

The number of requests submitted for compensation or coverage by a policy.