Multiple Choice
Cable is quoted at 1.6075-80 and you say "5 yours!" to the broker. What have you done?
A) Sold USD 5 million at 1.6075
B) Sold GBP 5 million at 1.6075
C) Bought GBP 5 million at 1.6080
D) Bought USD 5 million at 1.6080
Correct Answer:
Verified
Correct Answer:
Verified
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