A spot transaction occurs when one currency is: - 2323

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  • Posted on: Mon 19 Mar, 2012
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Request Description

A spot transaction occurs when one currency is:

A.   exchanged for another currency at a specified price.

B.   immediately exchanged for another currency.

C.   traded for another at an agreed-upon future price.

D.   deposited in a foreign bank.

Solution Description

A spot transaction occurs when one currency is: