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Which of these definitions are correct? Select all that apply. Multiple select question. A direct quote is the amount of domestic currency needed to buy
Which of these definitions are correct? Select all that apply. Multiple select question. A direct quote is the amount of domestic currency needed to buy one unit of foreign currency. A spot transaction is an exchange of currencies today. A cross rate is the exchange rate between a domestic and a non-domestic currency. An indirect quote is the amount of foreign currency needed to buy one unit of domestic currency
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