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Which of the following statements is correct with respect to an option, forward and future contract? A forward is a customized future An option is
Which of the following statements is correct with respect to an option, forward and future contract? A forward is a customized future An option is a contract giving the buyer the right but not the obligation to buy or sell a given amount of foreign exchange at a fixed price for a specified time period. All of the above are correct None of the answers is correct A future is an exchange-traded contract calling for future delivery of a standard amount of foreign currency at a fixed time, place, and price. The maximum gain for the purchaser of a call option contract is maximum loss is _; while the unlimited, unlimited unlimited, the value of the underlying asset the premium paid, unlimited unlimited, the premium paid limited, premium paid
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