A forward contract can be used to lock in the ____ of a specified currency for a future point in time.
A: purchase price
B: sale price
C: A or B
D: none of the above
A: purchase price
B: sale price
C: A or B
D: none of the above
举一反三
- 中国大学MOOC: A forward contract can be used to lock in the ____ of a specified currency at a future point in time.
- The __________ exchange rate is the price for “immediate” currency exchange. A: Current B: Forward C: Future D: Spot
- The price terms<br/>in the international trade contract include ( ) A: the measuring<br/>unit B: the amount of unit price C: currency D: trade terms E: the above all
- An appreciation in the value of the U.S. dollar against the British pound would tend to: A: Increase in the spot price of the yen B: Increase in the forward price of the dollar C: Sale of dollars in the forward market D: Purchase of yen in the spot market
- In the forward market, the exchange rate is agreed on at the time of the currency contract, but payment is not made until the future delivery of the currency actually takes place.