Examlex
Hedging cannot provide protection against ________ exchange rate changes.
Options Contract
A financial derivative that gives the buyer the right, but not the obligation, to buy or sell an asset at a set price on or before a given date.
Future Contract
A standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future.
Swap Contract
A financial derivative agreement between parties to exchange cash flows or other financial instruments over a specified time period.
Bond Discount
The discrepancy between a bond's nominal value and its selling price that occurs when the bond is retailed at a price lower than its nominal value.
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