Examveda

What is the popular term used for a type of option in Foreign Exchange Market which provides the holder with the right to purchase or sell foreign currency at the most favourable exchange rate realized over the life of the option?

A. Forward reversing option

B. Preference option

C. Look-back option

D. Basket option

Answer: Option C


This Question Belongs to Commerce >> Business Finance

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Related Questions on Business Finance

Match List-I with List-II and select the correct answer:

List-I List-II
a. Modigliani Miller approach 1. Commercial papers
b. Net operating income approach 2. Working capital management
c. Short-term money market instrument 3. Capital structure
d. Factoring 4. Arbitrage

A. a-4, b-3, c-1, d-2

B. a-3, b-4, c-1, d-2

C. a-2, b-3, c-1, d-4

D. a-3, b-2, c-4, d-1