A quotation in the form Yens 119.33/US$ is called:
A) An Indirect quotation in USA
B) A Direct quotation in USA
C) A Cross rate in Japan
D) None of the above
Correct Answer:
Verified
Q13: An organized market for currency for future
Q14: The spot US$/BP exchange rate is US$1.99/BP.
Q15: A currency forward contract is described by:
A)
Q16: The spot Peso/US$ exchange rate is US$10.9892/US$.
Q17: The Mexican economy is predicted to average
Q19: The spot BP/$ exchange rate is 0.5025/$,and
Q20: The spot Yen/US dollar exchange rate is
Q21: The phrase stronger currency implies a forward
Q22: Political risk is defined as:
A) Unanticipated changes
Q23: XJ Company from the USA is evaluating
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents