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Cable is quoted at 1.

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Cable is quoted at 1.5575-80 and you say “5 yours!” to the broker. What have you done?

A.

Sold USD 5,000,000.00 at 1.5575

B.

Sold GBP 5,000,000.00 at 1.5575

C.

Bought GBP 5,000,000.00 at 1.5580

D.

Bought USD 5,000,000.00 at 1.5580

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