MCQOPTIONS
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| 1. |
A currency swap refers to? |
| A. | A spot sale of currency combined with a forward repurchase of the same currency—as part of single transaction |
| B. | A forward sale of currency combined with a forward repurchase of the same currency—as part of a single transaction |
| C. | A forward sale of currency combined with a forward repurchase of the same currency—in two different transactions |
| D. | All of the above |
| Answer» B. A forward sale of currency combined with a forward repurchase of the same currency—as part of a single transaction | |