Question
A Korean bank (bank 1) buys $500.00 USD for 550,000 KW. One of the banks customers comes in and exchanges 300,000 KW for $260.86 USD.
A Korean bank (bank 1) buys $500.00 USD for 550,000 KW. One of the banks customers comes in and exchanges 300,000 KW for $260.86 USD. The total spread realized in this scenario is
|
| 0.00 USD. |
|
| 11.86 USD. |
|
| 5.00 USD. |
|
| 7.89 USD. |
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Finance At Work
Authors: Valérie Boussard
1st Edition
113820403X, 978-1138204034
