• Currency options with a guaranteed exchange rate that enable buyers who like the asset, German bonds for example, but not the asset's pricing currency, to arrange to be paid in a different currency for a fee.
Quanto: Is an option feature which removes foreign currency risk from a derivative transaction from the investor's viewpoint. It is built into the structure. Quantos are also known as Guaranteed Exchange Rate Contracts. The purpose is hedge or lock in a known currency exchange rate.
How to Ace Your First Test Managing Real Money in the Real World: As a teen, you're beginning to make some grown-up decisions about how to save and spend your money. That's why learning the right ways to manage money…right from the start…is important. Here are suggestions. More...
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