CFA Practice Question

There are 341 practice questions for this study session.

CFA Practice Question

The ______ is the exchange rate at which the dealer is willing to buy a currency.
A. offer price
B. bid price
C. ask price
Explanation: The bid price is the price at which a foreign exchange dealer is willing to buy a currency; it is almost always true that the bid price will differ from the ask price, which is the price that the dealer is willing to sell the currency for.

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