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From the client's perspective, a long position in a forward would require ____ to pay___ if the observed price on the fixing date is greater
From the client's perspective, a long position in a forward would require ____ to pay___ if the observed price on the fixing date is greater than the forward price written in the contract.
a) bank, the client
b) the client, bank
c) bank, nothing or receive nothing
d) nothing or receive nothing, bank
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