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Which of the following is true? O Most forward contracts between firms and banks are for speculative purposes. O Most forward contracts represent a conservative

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Which of the following is true? O Most forward contracts between firms and banks are for speculative purposes. O Most forward contracts represent a conservative approach by firms to hedge foreign trade. O All of these are true The forward contracts offered by banks have maturities for only four possible dates in the future.The forward contracts offered by banks have maturities for only four possible dates in the future

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