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A difference arises between the bid and offer rates of foreign currency because: Group of answer choices the rates are between different dealer banks. foreign
A difference arises between the bid and offer rates of foreign currency because:
Group of answer choices
the rates are between different dealer banks.
foreign exchange dealers need to earn income.
it takes time to replace buyers or sellers of foreign currency.
of arbitrage opportunities between currencies.
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Global Corporate Finance Text And Cases
Authors: Suk H. Kim, Seung H. Kim
6th Edition
140511990X, 9781405119900
