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Title: A foreign exchange dealer in New York posts an ask price of .01468 for Indian rupees and a bid price ... Post by: papahomer on Jun 1, 2017 A foreign exchange dealer in New York posts an ask price of .01468 for Indian rupees and a bid price of .01470. What is the dealer's profit on the simultaneous purchase and sale of 1 million rupees?
A) $20 profit B) ($20 )loss C) $200 profit D) ($2) loss Title: Re: A foreign exchange dealer in New York posts an ask price of .01468 for Indian rupees and a bid ... Post by: vanrhee on Jun 1, 2017 Content hidden
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