If today's date is 26 July, 2018, what is the spot date? Select one: a. 26 July, 2018 b. 31 July, 2018 c. 28 July, 2018 d. 30 July, 2018
Question
Solution 1
The spot date in finance is typically two business days from the current date. If today's date is 26 July, 2018, and we assume that the weekend falls on Saturday and Sunday, then the spot date would be 30 July, 2018. Therefore, the correct answer is:
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