Q54
The price at which a market maker is prepared to sell a currency or lend money
A.
forward rate
B.
sport rate
C.
bid rate
D.
offer rate
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
The price at which a market maker is prepared to sell a currency or lend money is offer rate. The offer price is the rate at which the market maker will sell the base currency to a customer/market user.