Question
19.A bank's foreign exchange quotation, EUR/AUD 1.7583-86, means that the bank is willing to pay a.AUD 1.7583 for one euro and to sell a euro
19.A bank's foreign exchange quotation, EUR/AUD 1.7583-86, means that the bank is willing to pay a.AUD 1.7583 for one euro and to sell a euro for AUD 1.7586. b.EUR 1.7583 for one AUD and to sell one AUD for EUR 1.7586. c.AUD 1.7586 for one euro and to sell a euro for AUD 1.7583. d.EUR 1.7586 for one AUD and to sell one AUD for EUR 1.7583. e.None of the other given choices.
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The Essentials Of Machine Learning In Finance And Accounting
Authors: Mohammad Zoynul Abedin, M. Kabir Hassan, Petr Hajek, Mohammed Mohi Uddin
1st Edition
0367480816, 978-0367480813
