Question: Which statement is true regarding a foreign currency option? A.A foreign currency option gives the holder the obligation to buy or sell foreign currency in

  • Which statement is true regarding a foreign currency option?
  • A.A foreign currency option gives the holder the obligation to buy or sell foreign currency in the future.
  • B.A foreign currency option gives the holder the obligation only sell foreign currency in the future.
  • C.A foreign currency option gives the holder the obligation to only buy foreign currency in the future.
  • D.A foreign currency option gives the holder the right but not the obligation to buy or sell foreign currency in the future.
  • E.A foreign currency option gives the holder the obligation to buy or sell foreign currency in the future at the spot rate on the future date.

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