(Choose 1 answer)
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 of 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 above
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