Conditional currency options are
A. options that do not require premiums
B. options where the premiums are cancelled if a trigger level is reached
C. options that allow the buyer to decide what currency the option will be settled in
D. options with discount
Answer: Option B
Solution (By Examveda Team)
Conditional currency options are options where the premiums are cancelled if a trigger level is reached. A conditional call option is a provision attached to some callable bonds. Conditional call provisions are meant to protect investors if their high-yield bonds are called well in advance of maturity.Related Questions on International Finance and Treasury
A. The British Pound
B. The Japanese Yen
C. The Spanish Peso
D. The US Dollar
Not a profit maximizing business is
A. International Monetary Fund
B. International bank for Reconstruction and Development
C. International Financial Corporation
D. World Trade Organisation
Nations that have major economic expansion attract
A. Imports
B. Direct Foreign Investment
C. Exports
D. Privatization

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