Question

The exchange rate prevailing on the date of
the transaction is known as
rate.
O a. average
O b. opening
O c. spot
O d. closing​

Answer 1

Answer:

D). closing ..........

Explanation:

I hope this is helpful

Mark me as brainlist

Answer 2

Answer:

The exchange rate prevailing on the date of

the transaction is known as Closing rate.

Explanation:

• The closing price of a stock is the price at which the share closes at the end of trading hours of the stock market
• The closing price of stocks is essential not just to investors. Financial institutions also observe closing prices and make policy decisions. 
• The closing price of a stock is a reference point for you to understand how a share behaves. You can study the closing price of price over some time, such as a month or even a year.
• Doing so will help you determine how well the stock has done over time and make an informed investment decision.