Q686
If a company agreements today for several future date of real currency exchange, they will be building use of a
A.
stock rate
B.
forward rate
AnswerC.
futures rate
D.
None of the above
Answer: Option B
Solution
Answer: Option B
Solution:
If a company agreements today for several future date of real currency exchange, they will be building use of a forward rate. A forward rate is an interest rate applicable to a financial transaction that will take place in the future.