TABLE 7.1
Use the table to answer following question(s).
April 19, 2009, British Pound Option Prices (cents per pound, 62,500 pound contracts).

-Refer to Table 7.1. What was the closing price of the British pound on April 18, 2009?
A) $1.448/£
B) £1.448/$
C) $14.48/£
D) none of the above

Question

TABLE 7.1
Use the table to answer following question(s).
April 19, 2009, British Pound Option Prices (cents per pound, 62,500 pound contracts).
 
-Refer to Table 7.1. What was the closing price of the British pound on April 18, 2009?
A) $1.448/£ 
B) £1.448/$ 
C) $14.48/£ 
D) none of the above

Quizplus · Accepted Answer

Table 7.1 only provides information on British pound option prices, not the actual closing price of the currency.

TABLE 7.1 Use the Table to Answer Following Question(s)