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A call option has an intrinsic value if the strike price is above the exchange rate of the underlying currency. True or False Foreign exchange
A call option has an intrinsic value if the strike price is above the exchange rate of the underlying currency. True or False
Foreign exchange markets are operational between individuals and corporations, commercial banks with other commercial banks in the same financial center, and commercial banks with other commercial banks in other financial centers. True or False
The main objective of hedgers in currency futures markets is to protect against exchange risk. True or False
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