QUESTION 8 Which financial instrument provides a buyer the right but not the obligation to purchase or sell a fixed amount of currency at a prearranged price, within a few days or up to a couple of years from now? O A a foreign currency futures contract B a foreign currency option O C. a foreign currency forward contract QUESTION 9 In the interbank market for foreign currencey the refers to the price that a bank is willing to buy a unit of foreign currency .offer rate OB, bid rate O C. spot rate Dforward rate QUESTION 10 Suppose a US exporter is scheduled to receive a payment of 50,000 euros 60 days from today. He can remove the risk of loss due to an appreciation of the US dollar between now and then by A elln 9,00 euros today in the spot market O B signing a forward contract where he agrees to exchange 50,000 euros for $40,000 in 60 days from today OC signing a forward contract where he agrees to exchange $40,000 for 50,000 euros in 60 days from today D. selling 50,000 euros on the spot market 60 days from today QUESTION 8 Which financial instrument provides a buyer the right but not the obligation to purchase or sell a fixed amount of currency at a prearranged price, within a few days or up to a couple of years from now? O A a foreign currency futures contract B a foreign currency option O C. a foreign currency forward contract QUESTION 9 In the interbank market for foreign currencey the refers to the price that a bank is willing to buy a unit of foreign currency .offer rate OB, bid rate O C. spot rate Dforward rate QUESTION 10 Suppose a US exporter is scheduled to receive a payment of 50,000 euros 60 days from today. He can remove the risk of loss due to an appreciation of the US dollar between now and then by A elln 9,00 euros today in the spot market O B signing a forward contract where he agrees to exchange 50,000 euros for $40,000 in 60 days from today OC signing a forward contract where he agrees to exchange $40,000 for 50,000 euros in 60 days from today D. selling 50,000 euros on the spot market 60 days from today