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.