Question: The forward market? - none of the options - involves contracting today for the future purchase or sale of foreign exchange at the spot rate
The forward market?
- none of the options
- involves contracting today for the future purchase or sale of foreign exchange at the spot rate that will prevail at the maturity of the contract.
- involves contracting today for the future purchase or sale of foreign exchange at a price agreed upon today.
- involves contracting today for the right but not the obligation for the future purchase or sale of foreign exchange at a price agreed upon today.
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