A dealer in British pounds who thinks that the pound is about to depreciate:
a. may want to lower both his bid price and his ask price.
b. may want to widen his bid-ask spread by raising his ask price and lowering his bid.
c. may want to lower his ask price while raising his bid.
d. none of the options
+3
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A dealer in British pounds who thinks that the pound is about to depreciate: a. may want to lower both his bid price and his ask price. b. ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Home » Business » A dealer in British pounds who thinks that the pound is about to depreciate: a. may want to lower both his bid price and his ask price. b. may want to widen his bid-ask spread by raising his ask price and lowering his bid. c.