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Options
- A
Any amount for max 6 months
-
Max USD 5 million for max 6 months
Correct answer
- C
Max USD 10 million for max 6 months
- D
Max USD 5 million for max 3 months
Why this is the answer
Forward contracts require an underlying trade contract, and booking can be up to the order amount and maturity. Here, Mr. Bharat can book up to USD 5 million for 6 months.
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