Ask Question
BusinessBusiness
6 September, 08:42

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

+5
Answers (1)
  1. 6 September, 12:07
    0
    Answer: Option (b) is correct.

    Explanation:

    Correct Option: Involves contracting today for the future purchase or sale of foreign exchange at a price agreed upon today.

    A forward contract is a marketplace at which contracts are made today at an agreed price today but the delivery will be in the future. This is ideally used for the foreign exchange market.

    These contracts are basically between the banks or between the bank and the customer.

    Securities and commodity markets are also involved in these type of contracts.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The forward market a. involves contracting today for the future purchase of sale of foreign exchange at the spot rate that will prevail at ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Kyle Carlson invested $10,000 in a savings account paying 12% interest compounded quarterly. Assuming that he makes no withdrawals, how much interest will he earn during the second quarter of the first year?
Answers (1)
A demand curve is downward sloping because as the price of a good falls, demanders will substitute away from other goods whose relative prices have now risen. T/F
Answers (1)
Corporate governance Aa Aa The management of Badger Corp. controls 58% of the company's stock. The firm did not meet any of its quarterly sales projections for the last year.
Answers (1)
Is a pda (personal digital assistant) an embedded system? e. Is the microprocessor controlling a cell phone an embedded system? F.
Answers (1)
What does the GDP show about the economy?
Answers (2)
New Questions in Business
What are installment accounts?
Answers (1)
During the last two centuries, after adjustment for inflation, a. corporate bonds have yielded an average annual real return of approximately 7 percent, compared to an average real return of about 3 percent for corporate stocks. b.
Answers (1)
Eaton Electronics uses a periodic inventory system. On March 31, Eaton has two plasma TVs on hand at a cost of $1,800 each (serial numbers 11534892 and 11534894).
Answers (1)
When I called about the cost of these items, it was implied that my total would only be $35.00
Answers (1)
EB4. LO 3.1A product has a sales price of $90 and a per-unit contribution margin of $30. What is the contribution margin ratio?
Answers (1)
Home » Business » The forward market a. involves contracting today for the future purchase of sale of foreign exchange at the spot rate that will prevail at the maturity of the contract. b.
Sign Up Forgot Password?