This topic contains a solution. Click here to go to the answer

Author Question: Outright forward transactions involve the exchange of currency the second day after the date on ... (Read 38 times)

neverstopbelieb

  • Hero Member
  • *****
  • Posts: 534
Outright forward transactions involve the exchange of currency the second day after the date on which the two foreign-exchange traders agree to the transaction.
 
  Indicate whether the statement is true or false

Question 2

In the spot market, the spread is the difference between the bid and offer rates and is the trader's profit margin.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ladyjames123

  • Sr. Member
  • ****
  • Posts: 346
Answer to Question 1

FALSE

Answer to Question 2

TRUE




neverstopbelieb

  • Member
  • Posts: 534
Reply 2 on: Jul 7, 2018
Great answer, keep it coming :)


bigcheese9

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Excellent

 

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

For a complete list of videos, visit our video library