A Currency Call Is Like Being ____ in the Currency

question 75

Multiple Choice

A currency call is like being ____ in the currency futures.

• A) out-of-the-money
• B) in-the-money
• C) long
• D) short
• E) at-the-money

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Definitions:

White Knight

A friendly investor or company that acquires a corporation at fair consideration, often to rescue it from a hostile takeover.

Takeover

A corporate action where one company acquires control over another company, either through a direct purchase of its shares or by agreement.

Board of Directors

A group of individuals elected by shareholders to oversee the management and direct the affairs of a corporation.

Shareholders

Individuals or entities that own one or more shares of stock in a corporation, giving them ownership interests and rights such as voting on corporate matters.