A foreign currency futures contract is a commitment to exchange a specified amount of one currency for a specified amount of another currency at a specified time in the future.
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Q15: Initial and maintenance margins are required on
Q16: Exchange-traded currency futures contracts are customized to
Q17: A currency futures contract is closer in
Q18: Changes in the underlying spot rate of
Q19: The choice between a currency forward or
Q21: A company should compare forward and futures
Q22: On exchange-traded currency futures contracts, _.
A) commissions
Q23: The exposure of a futures hedge in
Q24: Forward contracts are designed to reduce the
Q25: Both currency forward and currency futures contracts
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