A spot transaction occurs when one currency is: - 3725

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UoPExpert

UoPExpert

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  • Posted on: Mon 26 Mar, 2012
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Request Description

A spot transaction occurs when one currency is: 

A. 

deposited in a foreign bank.

B. 

immediately exchanged for another currency.

C. 

traded for another at an agreed-upon future price.

D. 

exchanged for another currency at a specified price.

 
Solution Description

 A spot transaction occurs when one currency is: