n NISM Certifications
NSM General NISM
Medium

The base price on the first day of launch of a JPYINR currency futures contract will be _______.

Practice question from NISM Series I - Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Daily settlement price

  2. B

    OTC market settlement price

  3. Theoretical price using interest parity

    Correct answer

  4. D

    First trader-entered price

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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