Question: A spot rate is Question 3 Select one: a . a rate quoted today for an exchange of currencies to be settled within 2 working

A spot rate is
Question 3Select one:
a.
a rate quoted today for an exchange of currencies to be settled within 2 working days.
b.
a rate quoted today for an exchange of currencies to be settled at some future date.
c.
a rate quoted today for an exchange of currencies to be settled and subsequently the exchange of currencies to be reversed.
d.
the rate at which the central Bank will but currency on the market.

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