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.Management Sciences
A. forward contracts occur in a specific locations-for example, the Chicago Mercantile Exchange
B. futures contracts have negotiable delivery dates
C. forward contracts can be tailored in amount and delivery date to the need of importers of exporters
D. futures contracts involve no brokerage fees or other transactions costs
Related Mcqs:
- In the early eighties, the Federal Reserve pursed a tight monetary policy. All else being equal. the impact of that policy was to interest rates in the United States relative to those in Europe and cause the dollar to _______ against European currencies?
- A. decrease; depreciate B. decrease; appreciate C. increase; depreciate D. increase; appreciate...
- An important feature of a _______ is that the holder has the right but not the obligation to buy or sell currency ?
- A. Swap B. foreign exchange arbitrage C. foreign exchange option D. futures market contract...
- If the bank is selling francs for $0.45, then what is the implied franc price of the dollar ?
- A. 2.0 B. 1.999 C. 2.323 D. 2.222...
- A fiscal expansion in the UK ?
- A. has no predictable effect on the price of the pound sterling? B. does not affect the price of the pound sterling C. tends to appreciate the pound sterling D. tends to depreciate the pound sterling...
- The rise in value of one currency relative to another is ?
- A. a weakening of a currency B. A depreciation of a currency C. An appreciation of a currency D. a debasement of a currency...
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