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CTP · Question #163
(Topic 2) A company expects the U.S. dollar to depreciate in value compared to the British pound. The company will have a British pound payment to make in five months. The company would MOST LIKELY…
The correct answer is C. a British pound call. See the full explanation below for the reasoning.
Question
- (Topic 2)
A company expects the U.S. dollar to depreciate in value compared to the British pound. The company will have a British pound payment to make in five months. The company would MOST LIKELY buy:
Options
- Aa U.S. dollar call.
- Ba U.S. dollar put.
- Ca British pound call.
- Da British pound put.
How the community answered
(18 responses)- A11% (2)
- B6% (1)
- C78% (14)
- D6% (1)
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