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A Bank That Has Quoted a Firm Price Is Obliged

Question 199

Multiple Choice

A bank that has quoted a firm price is obliged to deal:


A) At that price
B) At that price in a marketable amount
C) At that price in a marketable amount, provided the counterparty's name is acceptable
D) At that price in a marketable amount, provided the counterparty's name is acceptable and the market price has not moved excessively

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