22-15 as of June 2009,commercial Banks Held More Forward Contracts

question 62

True/False

22-15 As of June 2009,commercial banks held more forward contracts than futures contracts for trading.

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Definitions:

Subordinate

A lower rank or position in a hierarchy.

Negative Message

Communication that conveys unpleasant, disappointing, or unfavorable information to the recipient.

Describe the Problem

The act of detailing or explaining an issue or challenge clearly and precisely to aid in understanding and resolution.

Subordinate

An individual or entity that is lower in rank, position, or importance relative to another.