Question: On 1 5 August 2 0 2 5 , the Treasurer of Moama enters into a long forward contract to buy $ 1 0 million

On 15 August 2025, the Treasurer of Moama enters into a long forward contract to buy $10 million in six months at a strike price of GHS10.5622. Which of the following is true?
A. This obligates Moama to pay GHS105.622 million today.
B. This obligates Moama to pay GHS105.622 million in six months.
C. This entitles Moama to receive GHS105.622 million in six months.
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