Four Instruments Are Available to Borrowers and Investors to Protect

question 32

Multiple Choice

Four instruments are available to borrowers and investors to protect against adverse foreign-exchange rate movements including ________.

• A) currency forward contracts and currency futures contracts.
• B) currency forward contracts but not currency swaps.
• C) currency futures contracts but not currency options.
• D) currency options but not currency swaps.

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Definitions:

Business Clichés

Overused expressions in the business world that have become less impactful due to their frequency.

Slang

A type of informal language that originates within particular social groups, often characterized by colloquial expressions.

Secretary

An administrative assistant or officer tasked with handling correspondence, keeping records, and managing appointments and meetings for an individual or organization.

Chairperson

The leader or presiding officer of a committee, board, or other formal organizational meetings.