Q502
What is the popular term used for that type of option in Foreign Exchange Market which provides the holder the right to purchase or sell foreign currency at the most favorable exchange rate realized over the life of the option?
A.
Forward reversing option
B.
Preference option
C.
Look back option
AnswerD.
Basket option
Answer: Option C
Solution
Answer: Option C
No explanation is given for this question Let's Discuss on Board