You have done the following deals in spot USD/JPY: Sold USD 5.0 million at 130.60 Bought USD 3.5 million at 130.20 Bought USD 2.0 million at 130.50 Sold USD 2.0 million at 130.55 What is your net position and average rate?
A) Short USD 1.5 million at 130.46
B) Long USD 1.5 million at 130.46
C) Short USD 1.5 million at 131.60
D) Long USD 1.5 million at 131.60
Correct Answer:
Verified
Q204: You are quoting forward FX prices to
Q205: What is the value date of a
Q206: What are IMM dates?
A) The 10th of
Q207: How are Overnight Indexed Swaps settled?
A) periodic
Q208: A dealer has been asked by a
Q210: 3-month USD/CHF is quoted at 112/110. Interest
Q211: A customer asks for a price in
Q212: How could your firm avoid the risks
Q213: A 1-month (30-day) USCP with a face
Q214: You have done the following deals in
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