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The value of a foreign currency drops rapidly. A trader with a long position in a currency contract will be better off if: - Both

The value of a foreign currency drops rapidly. A trader with a long position in a currency contract will be better off if:

- Both futures and forward contracts will provide the same outcome

- He was using futures contracts

- He was using forward contracts

- Futures and forwards contracts are not appropriate

- He was using currency swap

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