The Trucking Company enters an agreement with the Oil Corporation to purchase 500,000 gallons of diesel fuel every 6 months for the next five years at $3 per gallon. What type of agreement is this? Forward Contract Put Option Future Contract Call Option Swap Detail explanation. ..
Mortgages
A mortgage is a formal agreement in which a bank or other financial institution lends cash at interest in return for assuming the title to the debtor's property, on the condition that the obligation is paid in full.
Mortgage
The term "mortgage" is a type of loan that a borrower takes to maintain his house or any form of assets and he agrees to return the amount in a particular period of time to the lender usually in a series of regular equally monthly, quarterly, or half-yearly payments.
The Trucking Company enters an agreement with the Oil Corporation to purchase 500,000 gallons of diesel fuel every 6 months for the next five years at $3 per gallon. What type of agreement is this?
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Forward Contract |
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Put Option |
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Future Contract |
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Call Option |
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Swap
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Detail explanation. ..
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