menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    International Financial Management
  4. Exam
    Exam 2: The Foreign Exchange Market
  5. Question
    The Fourth Decimal Place in a Dealer's Quote in the Trade
Solved

The Fourth Decimal Place in a Dealer's Quote in the Trade

Question 28

Question 28

Multiple Choice

The fourth decimal place in a dealer's quote in the trade jargon is known as the


A) pip.
B) round trip.
C) spread.
D) haircut.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q22: Describe how an exchange rate is like

Q23: How would economists most often define a

Q24: If you were trading currency in the

Q25: The CFO at SmithKlone Company receives a

Q26: When it comes to trading global currency,all

Q27: Eastern Copper Mines of New Zealand has

Q29: When transactions are conducted on the spot

Q30: What do the market makers in the

Q31: What is most different about the foreign

Q32: Why are the bid-ask spreads quoted in

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines