a _______ contract is rarely settled by buyers taking possession of foreign exchange. in the _________________ market, individuals ususally deal with bank.

a. futures, future

b. futures, forward.

c. forward, futures

d. forward, forward

what hedging alternative would net most moeny if exchange rate turned out to be 1.01/E in 90 days?

a. forward market hedge

b. money market hedge

c. call option

d. put option