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Thank you for the work you did to make the agreement possible. Outright prices, as opposed to premium points or forward points, are quoted in absolute price units. Outrights are used in markets where there is no (unitary) spot price or rate for reference, or where the spot price (rate) is not easily accessible.[12] Having no upfront cashflows is one of the advantages of a forward contract compared to its futures counterpart. Especially when the forward contract is denominated in a foreign curre...