You Are an Active Currency Trader in the Dollar Versus

question 15

Multiple Choice

You are an active currency trader in the dollar versus euro market.The current market quote ($/€) is 1.51-1.55.However,you believe the dollar will appreciate versus the euro.Which of the following quotes is the most likely one you will present to the market given your views?

• A)1.52-1.56
• B)1.50-1.54
• C)1.50-1.57
• D)1.52-1.54

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Definitions:

Metaphysically Important

Pertaining to matters beyond the physical world that are significant in the study or belief in the fundamental nature of reality and being.

Transitional

Pertaining to or involving a phase of change or transformation from one state, condition, or period to another.

Secular

Related to or concerned with worldly rather than spiritual matters; not religious or sacred.