If Counterparties Agree That One Currency Can Be Exchanged for Another

question 4

Multiple Choice

If counterparties agree that one currency can be exchanged for another currency at a specified future date at a specified exchange rate,a _________________ contract is formed.

• A)currency forward
• B)currency swap
• C)cross-currency swap
• D)spot currency

---

Definitions:

Hindrance Stressor

Factors that obstruct personal growth or job performance, causing stress and potentially reducing job satisfaction.

Angry

A strong feeling of displeasure or hostility triggered by what one perceives as wrong or threatening.

Hostile

Showing or feeling opposition or dislike; unfriendly or adversarial, often creating a negative or threatening environment.

Burnout

A state of physical, emotional, and mental exhaustion caused by prolonged stress, usually related to work.