A foreign currency ___________ is a contract giving the purchaser (the buyer) the right, but not the obligation, to buy or sell a given amount of foreign exchange at a fixed price per unit for a specified time period (until the maturity date). The________________________, is the cost of the option
|premium or option price; option|
|option ; premium or option price|
|forward; premium or option price;|
|premium or option price; forward|
|A) $100,000; unlimited|
|B) unlimited; unlimited|
|C) $100,000; $100,000|
|D) unlimited; $100,000|
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