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Bank of America offers a spot quotation between US dollar and euro of $1.5/, which of the following is TRUE? A. This quotation is a
Bank of America offers a spot quotation between US dollar and euro of $1.5/, which of the following is TRUE?
- A. This quotation is a direct quote in France.
- B. None of the choices is correct.
- C. This quotation is an indirect quote in France.
- D. Both a and c are correct.
- E. This quotation is an indirect quote in the U.S.
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International Financial Management
Authors: Jeff Madura
3rd Edition
0314862722, 978-0314862723
