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If a currency is selling at a discount relative to the dollar then the: Select one: a. currency is cheaper in the spot market than

If a currency is selling at a discount relative to the dollar then the: Select one: a. currency is cheaper in the spot market than it is in the forward market. b. cross rate is cheaper than direct rate. c. currency is cheaper in the forward market than it is in the spot market. d. direct rate is cheaper than the indirect rate. e. settled rate is less than the spot rate.

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