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a)the obligation to sell a financial instrument on a specified future date at a price agreed today b)the right, but not the obligation, to sell
a)the obligation to sell a financial instrument on a specified future date at a price agreed today b)the right, but not the obligation, to sell a financial instrument, before a specified future date at a price agreed today c)the obligation to fix a forward interest rate to apply over a future period with settlement delayed until the start of that period
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Financial Accounting Information for Decisions
Authors: John J. Wild
9th edition
1259917045, 978-1259917042
