Q.

The spot exchange rate __________.

A. is the rate today for exchanging one currency for another for immediate delivery
B. is the rate today for exchanging one currency for another at a specific future date
C. is the rate today for exchanging one currency for another at a specific location on a specific future date
D. is the rate today for exchanging one currency for another at a specific location for immediate delivery
Answer» A. is the rate today for exchanging one currency for another for immediate delivery
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