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A spot trade is defined as an agreement to exchange currencies based on the exchange rate _ for settlement within ___business day(s). 1. one year

A spot trade is defined as an agreement to exchange currencies based on the exchange rate _______ for settlement within _________business day(s).

1. one year from today; 3

2. one year from today; 2

3. today; 3

4. today; 2

5. today; 1

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