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