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A company mqkes an agreement for a forward currency contract with a bank for all of the following reasons except: A ) it knows it
A company mqkes an agreement for a forward currency contract with a bank for all of the following reasons except:
A it knows it can sell it on a recognized exchange if ut decides it no longer needs the currency
B to guarantee an exchange rate on a given date
C to guarantee the purchase or sale of a country's currency at a specific price, usually or days in the future
D the provisions in the contract are specific to the requirements of the company
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