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Refers only to auctions like eBay, not over the counter transactions with dealers OC. Od. Is the price that a dealer stands ready to buy

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Refers only to auctions like eBay, not over the counter transactions with dealers OC. Od. Is the price that a dealer stands ready to buy QUESTION 13 In conversation, interbank foreign exchange traders use a shorthand abbreviation in expressing spot currency quotations. Consider a $/ bid-ask quote of $1.5055-$1.5057. The currency dealer would likely quote that as A. 55-57 B.77-72 c. 72-77 D. None of the above QUESTION 14

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