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A dealer in American dollars who thinks that the pound is about to appreciate A. may want to widen his bid-ask spread by raising his

A dealer in American dollars who thinks that the pound is about to appreciate

A. may want to widen his bid-ask spread by raising his ask price in both forward and spot quotes.

B. may want to lower his bid price in both forward and spot quotes.

C. may want to lower his ask price. In both forward and spot quotes.

D. may not do anything if the dollar appreciation does not increase volatility. E. None of the options.

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