A spot transaction occurs when one currency is: - 4536

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UoPExpert

UoPExpert

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  • Posted on: Wed 28 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: