A Spot transaction occurs when Select one: a. one currency is exchanged for another currency in 30,
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Question:
A Spot transaction occurs when
Select one:
a. one currency is exchanged for another currency in 30, 60, or 90 days.b. one currency is immediately exchanged for another currency.c. one currency is deposited in a foreign bank.d. one currency is exchanged for another currency at a specified price.
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