A Speculator in the Futures Market Wishing to Lock in a Price

question 52

Multiple Choice

A speculator in the futures market wishing to lock in a price at which they could ________ a foreign currency will ________ a futures contract.

• A) buy; sell
• B) sell; buy
• C) buy; buy
• D) none of the above

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Definitions:

Fiber Optics

A technology that uses thin, flexible fibers of glass or plastic to transmit light signals for high-speed data communication.

DSL

Digital Subscriber Line, a family of technologies that provide internet access by transmitting digital data over the wires of a local telephone network.

Client/Server

A model of computer networking where a client device requests services and resources from a centrally located server.

Central

Located in the center or of main importance.