问题
单项选择题
A currency forward contract:()
A. is priced using the future interest rate on a foreign currency.
B. requires a payment at settlement based on London Inter-bank Offered Rate.
C. can be a deliverable contract.
答案
参考答案:C
解析:
A currency forward contract can be a deliverable or cash-settlement contract. It is a contract to exchange fixed amounts of two currencies at settlement and its value depends on market exchange rates at contract expiration.