A Currency Forward Contract Specifies All of the Following,EXCEPT

question 21

Multiple Choice

A currency forward contract specifies all of the following,EXCEPT:

• A)the amount of currency to exchange.
• B)the spot exchange rate.
• C)the delivery date on which the exchange will take place.
• D)the currencies to be exchanged.

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Definitions:

Instinctual

Instinctual relates to behaviors, responses, or actions that arise from natural internal drives rather than learned behavior, often associated with survival.

Psychological

Pertaining to the mind or mental processes, often in relation to behavior and well-being.

Ethnic Groups

Communities or populations sharing a common and distinctive culture, religion, language, or the like.

Language Patterns

The distinguishable ways in which words and sentences are structured and used in spoken and written communication, often unique to a particular group, region, or individual.