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Commerce · Q285

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 285

Q285

Suppose Party A has a right to buy USD 6,000 from Party B, 1 month down the line, at Rs. 46 = 1 USD (US Dollar).However, after 1 month Party A does not exercise the right. This is possible in which contract?

A.
Swap
Answer
B.
Futures
C.
Forward
D.
Options

Answer: Option A

Solution

Answer: Option A
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