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Give a definition for each of the three terms (Foreign Exchange forwards, options and futures). Be specific, particularly about the obligations and rights of those

Give a definition for each of the three terms (Foreign Exchange forwards, options and futures). Be specific, particularly about the obligations and rights of those purchasing or selling the different contracts.  Give an example when or why each of these derivatives (Foreign Exchange forwards, options and futures) would be used.

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Foreign Exchange Forwards FX Forwards Definition FX forwards are agreements between two parties to exchange a specified amount of one currency for ano... blur-text-image

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