CIMA Exam CIMAPRA17-BA1-1 Topic 1 Question 22 Discussion

Actual exam question for CIMA's CIMAPRA17-BA1-1 exam

Question #: 22
Topic #: 1

A binding financial contract that can be used to hedge exchange rate risks by fixing the rate of exchange at a fixed date, and can be traded in financial markets, is known as:

Aan option

Ba managed floating system

Ca future

Da forward exchange contract

Show Suggested Answer

Suggested Answer: D

by Lonna at May 04, 2022, 12:54 AM

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