________ Give a Firm an Option but Not an Obligation

question 97

Multiple Choice

________ give a firm an option but not an obligation to exchange currency at a given rate.

• A)Currency forwards
• B)Currency options
• C)Currency futures
• D)Currency exchanges

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Definitions:

Asymmetry

The lack of equality or equivalence between parts or aspects of something; not symmetrical.

Eyelids

Thin layers of skin that cover and protect the eyes.

Cerebral Lobe

Any of the divided regions of the brain’s cerebral cortex, each associated with various functions such as sight, movement, and memory.

Personality

The combination of characteristics or qualities that form an individual's distinctive character.