Multiple Choice
You quote spot EUR/USD at 1.3023-26 in 5 to another bank. He says, "Take 5, could do 8". How much are you obliged to do?
A) Nothing, as he changed the terms of the deal
B) EUR 5,000,000.00
C) More than EUR 5,000,000.00, but a maximum of EUR 8,000,000.00
D) EUR 8,000,000.00
Correct Answer:
Verified
Correct Answer:
Verified
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