Question
As an Investment Bank Foreign Exchange trader, you are 'long' GBP 100,000 and wish to sell this position. Three banks are making the same price
As an Investment Bank Foreign Exchange trader, you are 'long' GBP 100,000 and wish to sell this position. Three banks are making the same price in GBP/USD 1.3410 - 1.3420. What is a logical price for you to make to clear your trading position?
A) GBP/USD 1.3410 - 1.3420
B) GBP/USD 1.3415 - 1.3425
C) GBP/USD 1.3415 - 1.3420
D) GBP/USD 1.3405 - 1.3415
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Practical financial management
Authors: William r. Lasher
5th Edition
0324422636, 978-0324422634
