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A spot rate may be defined as.... A.) The price a foreign currency can be purchased or sold for today. B.) The price today at
A spot rate may be defined as....
A.) The price a foreign currency can be purchased or sold for today.
B.) The price today at which a foreign currency can be purchased or sold in the future.
C.) The forecasted future value of a foreign currency.
D.) The U.S. dollar value of a foreign currency.
E.) The euro value of a foreign currency
The correct answer is = A
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