Question: A _ _ _ _ _ _ _ _ is the right, but not the obligation to buy or sell a currency on or before

A ________ is the right, but not the obligation to buy or sell a currency on or before a given date at an agreed price.
A ________ is the right, but not the obligation to buy or sell a currency on or before a given date at an agreed price.
forward contract
put
foreign exchange option
deferred currency purchase

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