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How to spread out currency warranty

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edith is with us in houston texas hi edith welcome to the Dave Ramsey show hi Dave thanks for taking my call sure whats up so my question is last March my husband and I purchased a tractor and we paid twenty six thousand for it and of that two thousand was for insurance and it was insurance straight through Kubota so we are new listeners and were down to or less our last debt but were not were not sure what to do because when I try to make the last payment they told me that Id be kind of downgrading on my insurance and that Id have to get either a second policy through them or through insurance are we talking about just tractor insurance so to replace it or to fix it he repairs anything that happens to it oh you bought an extended warranty they didnt say was a warranty they said it was insurance well thats repairs okay its not its not if the tractor gets stolen you have insurance through your homeowners or your farm operation for the tractor gets stolen right so the tractor

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How is the bid-ask spread determined?

How Does Bid-Ask Spread Work? In financial markets, a bid-ask spread is the difference between the asking price and the bidding price of a security or other asset. The bid-ask spread is the difference between the highest price a buyer will offer (the bid price) and the lowest price a seller will accept (the ask price).

How do companies get around currency restrictions?

One tactic companies use to work around currency controls, and to hedge currency exposures, is to use what are known as forward contracts. With these arrangements, the hedger arranges to buy or sell a given amount of an un-tradable currency on a given forward date, at an agreed rate against a major currency.

Is a higher spread better?

The tighter the spread, the better value you get as a trader. For example: The bid price is 1.26739 and the ask price is 1.26749 for the GBP/USD currency pair.

What determines the spread?

When the two value points match in a marketplace, i.e. when a buyer and a seller agree to the prices being offered by each other, a trade takes place. These prices are determined by two market forces -- demand and supply, and the gap between these two forces defines the spread between buy-sell prices.

What is the spread in dollars?

A spread is the difference between the ask price and the bid price. In other words, it is the cost of trading. For example, if the Euro to US dollar is trading with an ask price of 1.14010 and a bid price of 1.14000, then the spread will be the ask minus the bid price. In this case, 0.0001.

What is the spread of a currency?

The forex spread is the difference between the exchange rate that a forex broker sells a currency, and the rate at which the broker buys the currency.

Should I add the spread to my stop loss?

Either on the entry as a buy order or as stop loss for the sell order is where you would add the spread. In summary the spread is added to the buy orders either as an entry or as a stop loss thats the critical thing.

How do you calculate currency spread?

To calculate the spread in forex, you have to work out the difference between the buy and the sell price in pips. You do this by subtracting the bid price from the ask price. For example, if youre trading GBP/USD at 1.3089/1.3091, the spread is calculated as 1.3091 1.3089, which is 0.0002 (2 pips).

How is spread calculated?

You do this by subtracting the bid price from the ask price. For example, if youre trading GBP/USD at 1.3089/1.3091, the spread is calculated as 1.3091 1.3089, which is 0.0002 (2 pips). Spreads can either be wide (high) or tight (low) the more pips derived from the above calculation, the wider the spread.

What is the formula to calculate spread?

The bid is indicative of the demand within the market, whereas the ask portrays the amount of supply. The bid-ask spread equals the lowest asking price set by a seller minus the highest bid price offered by an interested buyer.

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Spread out currency warranty easily