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    International Finance
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    Exam 2: The Foreign Exchange Market
  5. Question
    You Are Given the Exchange Rate AUD/USD 1
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You Are Given the Exchange Rate AUD/USD 1

Question 1

Question 1

Multiple Choice

You are given the exchange rate AUD/USD 1.7652/1.7672. Calculate the bid offer spread.


A) 20 pips
B) 20 cents
C) 0.0020
D) 20%

Correct Answer:

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