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CTP · Question #309
CTP Question #309: Real Exam Question with Answer & Explanation
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Question
- (Topic 4) XYZ Bank would like to conduct some foreign exchange transactions with JKL Bank. JKL isn't the most liquid and could have some credit risk. XYZ Bank should suggest which of the following in order to eliminate risk?
Options
- APre-authorized draft
- BStraight-through processing
- CForward rate contract
- DContinuous Linked Settlement
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