A spot transaction occurs when one currency is:
A.
deposited in a foreign bank.
B.
immediately exchanged for another currency.
C.
traded for another at an agreed-upon future price.
D.
exchanged for another currency at a specified price.
A.
deposited in a foreign bank.
B.
immediately exchanged for another currency.
C.
traded for another at an agreed-upon future price.
D.
exchanged for another currency at a specified price.
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