If you bought USD 2,000,000 against CHF at 1.1020, USD 3,000,000 at 1.1040 and USD 5,000,000 at 1.1032, what is the average rate of your position?
A) 1.1030
B) 1.1035
C) 1.1028
D) 1.1032
Correct Answer:
Verified
Q159: How long does the Model Code recommend
Q160: What is the ISO code for the
Q161: You are quoted the following market rates:
Q162: Which of the following is true?
A) The
Q163: Which of the following are quoted in
Q165: Which of the following is not in
Q166: When is a broker allowed to assume
Q167: In GBP/CHF, you are quoted the following
Q168: What is replacement cost a function of?
A)
Q169: If you funded a fixed-income investment portfolio
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