MCQOPTIONS
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| 1. |
*/*_The forward exchange rate __________? |
| A. | is the rate today for exchanging one currency for another for immediate delivery |
| B. | is the rate today for exchanging one currency for another at a specific future date |
| C. | is the rate today for exchanging one currency for another at a specific location on a specific future date |
| D. | is the rate today for exchanging one currency for another at a specific location for immediate delivery |
| Answer» C. is the rate today for exchanging one currency for another at a specific location on a specific future date | |