8. A CAD/$ bank trader is currently quoting a small figure bid-ask of 3540, when the rest...

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8. A CAD/$ bank trader is currently quoting a small figure bid-ask of 35–40, when the rest of the market is trading at CAD1.3436–CAD1.3441. What is implied about the trader’s beliefs by his prices?

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ISE International Financial Management

ISBN: 9781260575316

9th International Edition

Authors: Cheol Eun, Bruce Resnick, Tuugi Chuluun

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