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 20 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
Thanks for the timely response, appreciate it


parshano

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

For a complete list of videos, visit our video library