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Which of the following is NOT true for the bid-ask spread? Group of answer choices The spread depends on the currency's volatility. For widely traded

Which of the following is NOT true for the bid-ask spread? Group of answer choices The spread depends on the currency's volatility. For widely traded currencies, the size of the spread is usually a few basis points. The spread depends on the level of competition among traders in that currency. The size of the spread is usually the same basis points, regardless of how much the currency is traded

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