Define the following concepts: foreign exchange market, parallel market (OTC), exchange rate, spot market, forward transactions, options,
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Define the following concepts: foreign exchange market, parallel market (OTC), exchange rate, spot market, forward transactions, options, foreign currency swap and futures contract.
Explain: what is a global currency market; what are currency transactions; who participates in said market, the business purposes for the use of foreign currencies and how we trade with international currencies.
Related Book For
Introduction To Corporate Finance
ISBN: 9781118300763
3rd Edition
Authors: Laurence Booth, Sean Cleary
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