The ________ is a derivative forward contract that was created in the 1990s
It has the same characteristics and documentation requirements as traditional forward contracts except that they are only settled in U.S. dollars and the foreign currency involved in the transaction is not delivered.
A) nondeliverable forward
B) dollar only forward
C) virtual forward
D) internet forward
Answer: A
You might also like to view...
A corporation's life is specified in its charter
a. True b. False Indicate whether the statement is true or false
The operator-machine process chart is especially useful for studying high-volume, repetitive processes
Indicate whether the statement is true or false.c
The exhaustion-of-rights doctrine states that once a good made or sold under license is in circulation, the licensor has no further right to control its distribution
Indicate whether the statement is true or false
Investors Holdings, Inc, attempts to acquire a substantial number of the shares of Jack's Seed Company through a public offer to Jack's shareholders. This is A) a consolidation
B) a tender offer. C) a short-form merger. D) a dissolution.