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    Foundations of Multinational Financial Management
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    Exam 6: The Foreign Exchange Market
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    Suppose the Quote for DM Is DM 2
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Suppose the Quote for DM Is DM 2

Question 20

Question 20

Multiple Choice

Suppose the quote for DM is DM 2.9865?92. Then the percent spread is


A) 2.31%
B) 0.97%
C) 0.62%
D) 0.09%

Correct Answer:

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