If a company agreements today for several future date of real currency exchange, they will be building use of a
A. stock rate
B. stock rate
C. futures rate
D. forward rate
Answer: Option D
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.This Question Belongs to Management >> International Finance And Treasury
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