A company should compare forward and futures contracts solely on the basis of cost.
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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
Q20: A foreign currency futures contract is a
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
Q26: The majority of forward contracts are settled
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