单选题 A currency forward contract: A. is priced using the future interest rate on a foreign currency. B. requires a payment at settlement based on London Inter-bank Offered Rate. C. can be a deliverable contract.

【正确答案】 C

【答案解析】A currency forward contract can be a deliverable or cash-settlement contract. It is a contract to exchange fixed amounts of two currencies at settlement and its value depends on market exchange rates at contract expiration.