Business, 25.01.2021 22:40 ernestsbaby6181
It is common practice among currency traders worldwide to both price and trade currencies against the U. S. dollar. Consider a currency dealer who makes a market in 5 currencies against the dollar. If he were to supply quotes for each currency in terms of all of the others, how many quotes would he have to provide?
A) 36.
B) 30.
C) 60.
D) 120.
E) none of the options.
Answers: 2
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