If a company agreements today for several future date of real...

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If a company agreements today for several future date of real currency exchange, they will be building use of a

A. stock rate

B. forward rate

C. futures rate

D. None of the above

Answer: Option B

Solution (By Examveda Team)

If a company agreements today for several future date of real currency exchange, they will be building use of a forward rate. A forward rate is an interest rate applicable to a financial transaction that will take place in the future.

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