The Primary Advantage of Currency Options Over Forward and Futures

question 20

True/False

The primary advantage of currency options over forward and futures contracts is that they provide a right rather than an obligation to purchase or sell a particular currency at a specified price within a given period.

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Definitions:

Linear Biologic Progression

The theory that biological organisms evolve or progress in a straight, uninterrupted line over time.

Innate Desire

A natural or instinctive inclination towards a particular behavior or action without the need for learning or experience.

Robbins Et Al.

A referenced work by Robbins and colleagues, often used in academic and medical literature to credit their research or findings.