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American Bankers Association Exam CTFA Topic 7 Question 20 Discussion

Actual exam question for American Bankers Association's CTFA exam
Question #: 20
Topic #: 7
[All CTFA Questions]

A private agreement to buy or sell a given quantity of an asset such as a currency, interest rate or commodity at a specified future date at a specified price is called:

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Suggested Answer: D

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