Series 7 - General Securities Representative Exam

Training Mode

Unit 1 Unit 2 Unit 3 Unit 4

A US importer is buying $1,000,000 worth of dry goods from a French Manufacturer. The payment will be made 3 months from now in Euros. To hedge against currency fluctuation, the US importer would do which of the following?

Buy Calls On The Euro Currency

A

Buy Puts On The Euro Currency

B

Buy Calls On The US Dollar

C

Buy Puts On The US Dollar

D