[Solved] A forward currency transaction:

Q.	A forward currency transaction:
A.	Sets the future date when delivery of a currency must be made at an unknown spot exchange rate
B.	Calls for exchange in the future of currencies at an agreed rate of exchange
C.	Means that delivery and payment must be made within one business day (USA/Canada) or two business days after the transaction date
D.	Is always at a premium over the spot rate
Answer» B. Calls for exchange in the future of currencies at an agreed rate of exchange

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