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Which of the following statement is correct? A. Forward contract buyer has the right but no obligation to buy foreign currency in the forward contract.
Which of the following statement is correct? A. Forward contract buyer has the right but no obligation to buy foreign currency in the forward contract. B. Forward contract seller has the right but no obligation to sell foreign currency in the forward contract. C. Forward contract is a zero sum game between buyer and seller (e.g., when buyer makes money, seller loses money). D. Forward contract allows a buyer to receive the foreign currency today and make US dollar payment on a future date
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