Quiz Ch 18 – Identifying the Agreed-Upon Exchange Rate for Future Currency Exchange

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What is the term for the exchange rate agreed upon in the present, to be used for currency exchange at a future date?

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  • Search Terms: adr agreed-upon agreement an are at based be cross-rate currencies exchange exchanged following forward future in interbank is london made of offer on one point rate rate b) rate c) rate d) rate e) some spot that the to today? a) used when which
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