A spot transaction occurs when one currency is: - 4076

Solution Posted by
UoPExpert

UoPExpert

Rating : (2)F
Solution Detail
Price: $1.30
  • From: ,
  • Posted on: Tue 27 Mar, 2012
  • Request id: None
  • Purchased: 0 time(s)
  • Average Rating: No rating
Request Description

A spot transaction occurs when one currency is:

a.deposited in a foreign bank.

b.immediately exchanged for another currency.

c.exchanged for another currency at a specified price.

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

Solution Description

A spot transaction occurs when one currency is: