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    Exam 8: The Foreign Exchange Market
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    If a Trader Quotes the Following Exchange Rate AUD/USD 0
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If a Trader Quotes the Following Exchange Rate AUD/USD 0

Question 53

Question 53

Multiple Choice

If a trader quotes the following exchange rate AUD/USD 0.7000- 0.7010, what is the spread?


A) 5
B) 10
C) 70
D) It cannot be determined.

Correct Answer:

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