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A contract giving the owner the right but not the obligation to buy 94,000,000 and sell $1,000,000CAD on December 31. The pre-agreed exchange rate:1CAD =
A contract giving the owner the right but not the obligation to buy 94,000,000 and sell $1,000,000CAD on December 31. The pre-agreed exchange rate:1CAD = 94 JPY, 1JPY = 0.0106 CAD. This type of contract is a call on
CAD or JYP
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