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A negotiated OTC agreement to exchange currencies at a fixed date in the future but at an exchange rate specified today is a A. Currency swap agreement. B. Forward foreign exchange transaction. C. Currency
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A negotiated OTC agreement to exchange currencies at a fixed date in the future but at an exchange rate specified today is a

A. Currency swap agreement.
B. Forward foreign exchange transaction.
C. Currency futures contract.

User Clark Battle
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Final answer:

A negotiated OTC agreement to exchange currencies at a fixed date in the future but at an exchange rate specified today is a forward foreign exchange transaction.

Step-by-step explanation:

A negotiated OTC agreement to exchange currencies at a fixed date in the future but at an exchange rate specified today is a forward foreign exchange transaction.

User Dan Randolph
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