A Foreign Exchange Dealer in New York Posts an Ask

question 10

Multiple Choice

A foreign exchange dealer in New York posts an ask price of .01818 for Indian rupees and a bid price of .01820.What is the dealer's profit on the simultaneous purchase and sale of 1 million rupees?

• A)$20 profit
• B)($20 )loss
• C)$200 profit
• D)($2)loss

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Definitions:

Ovarian Cyst

A fluid-filled sac within the ovary. Often harmless and without symptoms, but can sometimes cause pain or other problems.

Uterine Wall

The muscular wall surrounding the uterus, composed of three layers: the endometrium, myometrium, and perimetrium.

Lithotomy Position

A medical positioning of a patient lying on their back with legs raised and spread apart, commonly used for gynecological and other abdominal examinations or surgeries.

Eye Contact

The act of looking directly into another person's eyes, which is a significant component of non-verbal communication and social interaction.