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
AnswerB.
Futures
C.
Forward
D.
Options
Answer: Option A
Solution
Answer: Option A
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