[Solved] Which of the following is true?

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Q.	Which of the following is true?
A.	Most forward contracts between firms and banks are for speculative purposes.
B.	Most future contracts represent a conservative approach by firms to hedge foreign trade.
C.	The forward contracts offered by banks have maturities for only four possible dates in the future.
D.	none of the above
Answer» D. none of the above

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