A Foreign Currency Contract That Obligates the Holder of the Contract

question 51

Multiple Choice

A foreign currency contract that obligates the holder of the contract to make delivery of a foreign currency sometime in the future is called a:

• A)call currency option.
• B)put currency option.
• C)long-hedge currency futures contract.
• D)short-hedge currency futures contract.
• E)None of options is correct.

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Definitions:

Categorical Proposition

A statement in logic that asserts or denies something about all members of a category, typically structured in a format like "All S are P" or "No S are P."

Subject Classes

Categories into which subjects or topics are divided based on shared characteristics or themes.

Categorical Proposition

A statement that asserts or denies something about all members of a category, typically structured in standard forms (A, E, I, O).

Declarative English Sentences

Statements in English that express an assertion, question, or request, typically having a subject followed by a predicate.