A firm sells a currency futures contract, and then decides before the settlement date that it no longer wants to maintain such a position. It can close out its position by:

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A firm sells a currency futures contract, and then decides before the settlement date that it no longer wants to maintain such a position. It can close out its position by:

The Correct Answer is

buying an identical futures contract

Reason Explained

buying an identical futures contract is correct for A firm sells a currency futures contract, and then decides before the settlement date that it no longer wants to maintain such a position. It can close out its position by: Thankyou for using answerout. We hope you get all your answers here. If you have any special questions, you can comment to ask us.

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