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A Dealer in British Pounds Who Thinks That the Pound

Question 24

Multiple Choice

A dealer in British pounds who thinks that the pound is about to depreciate


A) may want to widen his bid-ask spread by raising his ask price and lowering his bid.
B) may want to lower both his bid price and his ask price.
C) may want to lower his ask price while raising his bid.
D) none of the options

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