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Between two major currencies, the spot exchange rate is the rate ________ and the forward exchange rate is the rate ________. a at some specified

Between two major currencies, the spot exchange rate is the rate ________ and the forward exchange rate is the rate ________.

a at some specified future date; on that date

b. on that date; at some specified future date

c. today; on that date

d. on that day; today

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