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In conversation, interbank foreign exchange traders use a shorthand abbreviation in expressing spot currency quotations. Consider a $/ bid-ask quote of $1.2519-$1.2523. The currency dealer

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In conversation, interbank foreign exchange traders use a shorthand abbreviation in expressing spot currency quotations. Consider a $/ bid-ask quote of $1.2519-$1.2523. The currency dealer would likely quote that as Multiple Choice 19-23 23-19 4 points none of the options

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