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Using the Foreign Exchange Market 1. Explain how you will use the spot market for your business. 2. What bank do you plan to use
Using the Foreign Exchange Market 1. Explain how you will use the spot market for your business. 2. What bank do you plan to use to exchange the foreign currency received for dollars? What is the bid/ask spread on a recent quotation by that bank? (Call the bank to obtain quotations.) Will you possibly need the forward market? Explain
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Financial Management For Decision Makers
Authors: Peter Atrill
9th Edition
1292311436, 978-1292311432
