Examine five features of currency options

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Question - Currency option is a contract between two parties (a buyer and a seller) whereby the buyer of the option has the right but not the obligation, to buy or sell a specified currency at a specified exchange rate, at or before a specified date, from the seller of the option. Examine FIVE (5) features of currency options. Provide ONE (1) example for each of the features.

Reference no: EM133080644

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