The value of a foreign currency drops rapidly. A trader with a long position in a currency
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Question:
The value of a foreign currency drops rapidly. A trader with a long position in a currency contract will be better off if:
- Both futures and forward contracts will provide the same outcome
- He was using futures contracts
- He was using forward contracts
- Futures and forwards contracts are not appropriate
- He was using currency swap
Related Book For
International Financial Management
ISBN: 9780077861605
7th Edition
Authors: Cheol Eun, Bruce Resnick
Posted Date: