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Explain three similarities of both future and forward

Discussion: Future Currency

In 200 words, Forward and future currency contracts are similar in the aspect of exchanging currency on a specified date in the future. Explain three similarities of both future and forward currency contracts and three major differences of both future and forward currency contracts. Give examples of how each type of contract is used in an MNC. cite your sources using apa format.

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Finance Basics: Explain three similarities of both future and forward

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