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Type of contract which involves immediate exchange of funds and assets...

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International Finance and Treasury
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Type of contract which involves immediate exchange of funds and assets is classified as

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Correct Answer: Option A
Type of contract which involves immediate exchange of funds and assets is classified as spot contract. A spot contract is a document that has a purchase or sale of a currency, security, or commodity for quick delivery and payment for the spot date, which is around two days after the trade date.
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