Question
It is estimated that the presence of assymmetric information among currency traders resulted in the average change in the quoted price being .00014 per USD10million
It is estimated that the presence of assymmetric information among currency traders resulted in the average change in the quoted price being .00014 per USD10million traded.If a buyer offers to buy USD 5million under the assymmetric information rule, what will the seller do
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Financial Modeling
Authors: Simon Benninga, Tal Mofkadi
5th Edition
0262046423, 9780253337825
