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Author Question: Outright forward transactions involve the exchange of currency the second day after the date on ... (Read 22 times)

neverstopbelieb

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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



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ladyjames123

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Answer to Question 1

FALSE

Answer to Question 2

TRUE




neverstopbelieb

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Reply 2 on: Jul 7, 2018
YES! Correct, THANKS for helping me on my review


31809pancho

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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