A currency futures contract is a financial derivative that derives its value from an underlying asset....

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A currency futures contract is a financial derivative that derives its value from an underlying asset....

A currency futures contract is a financial derivative that derives its value from an underlying asset. The underlying asset in a currency futures contract is:

Multiple Choice

a call or put option written on foreign currency.
None of the options.
foreign currency.
a futures contract on the foreign currency.
domestic currency.

business finance

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Answer 1

Answer #1

foreign currency, domestic currency

In currency futures, underlying is a currency, domestic or foreign.

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