A "Time Option" Is an Outright Forward FX Transaction Where

question 191

Multiple Choice

A "time option" is an outright forward FX transaction where the customer:

• A) has the option to fulfill the outright forward or not at maturity
• B) may freely choose the maturity, given a 24-hour notice to the bank
• C) can choose any maturity within a previously fixed period
• D) may decide to deal at the regular maturity or on either the business day before or after

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Definitions:

Debilitating Illness

A disease or condition that significantly impairs the physical or mental ability of an individual, affecting their day-to-day functioning.

Paid Labor Force

People who are in employment and get paid for their labor, unlike volunteers or those interning without pay.

Sex Ratio

The demographic and statistical ratio of males to females in a population; this measure is often used to examine social, economic, and environmental impacts on gender dynamics.

Old Old

Refers to the population segment aged 85 and older, emphasizing the unique health, social, and service needs of this advanced age group.