The extension of forward FX contracts at their historic rates is only allowed when:
A) Prior management approval has been sought.
B) They are executed within six months.
C) They are extended for not more than one year.
D) All of the above.

Question

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The Answer of The extension of forward FX contracts at their historic rates is only allowed when:
A) Prior management approval has been sought.
B) They are executed within six months.
C) They are extended for not more than one year.
D) All of the above.

The Extension of Forward FX Contracts at Their Historic Rates