A forward contract to deliver British pounds for U)S) d - Practice (English) | ObjectiveMcq

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A forward contract to deliver British pounds for U)S) d - Practice (English) | ObjectiveMcq

PracticeBusiness ManagementInternational FinanceA forward contract to deliver Briti...

International Finance Business ManagementEasy

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A forward contract to deliver British pounds for U)S) dollars could be described either as ..................or ...............

Correct Answer:

(C) selling pounds forward; buying dollars forward

Explanation:

selling pounds forward; buying dollars forward

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