A dealer does the following deals in EUR/USD: buys EUR 1 m at 1.1020 sells EUR 3 m at 1.1022 buys EUR 2 m at 1.1002 buys EUR 1.5 m at 1.1012 What position does the dealer now have?
A) Long EUR 1.5 m at 1.0984
B) Short EUR 1.5 m at 1.1036
C) Long EUR 1.5 m at 1.1012
D) Short EUR 3.0 m at 1.1025
Correct Answer:
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