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The Dealer's Source of Income on Forward Trades Is the Spread

question 98

True/False

The dealer's source of income on forward trades is the spread between their forward rates and their spot rates.


Definitions:

Destructive Idea

A concept or belief that is harmful or detrimental to individuals or society as a whole.

Altruism

The principle or practice of caring for the well-being of others selflessly.

Stoics

Ancient philosophers who promoted the idea of enduring pain or hardship without displaying feelings or complaining, focusing on inner peace and rational understanding.

Predestination

The doctrine that all events have been willed by God, usually with reference to the eventual fate of the individual soul.

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