Question: BUYING A CURRENCY OPTION PROVIDES: Select one: O a. A FLEXIBLE HEDGE AGAINST EXCHANGE EXPOSURE. O b. LIMITS THE DOWNSIDE RISK WHILE PRESERVING THE UPSIDE

BUYING A CURRENCY OPTION PROVIDES: Select one: O a. A FLEXIBLE HEDGE AGAINST EXCHANGE EXPOSURE. O b. LIMITS THE DOWNSIDE RISK WHILE PRESERVING THE UPSIDE POTENTIAL O CARIGHT BUT NOT AN OBLIGATION TO BUY OR SELL A CURRENCY. O d. ALL OF THE ABOVE. e. NONE OF THE ABOVE

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