Question
Suppose the dealer provides this spot rate quote: S($|) 1.8505 05. If you were to buy $1,000,000 worth of British pounds and then sell them
Suppose the dealer provides this spot rate quote: S($|) 1.8505 05. If you were to buy $1,000,000 worth of British pounds and then sell them five minutes later. What is the dealer profit from your transactions, round to closest dollar?
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Business Law And Strategy
Authors: Sean Melvin, David Orozco, F E Guerra Pujol
1st Edition
0077614682, 978-0077614683
