If EUR/USD is quoted to you as 1.3030-40 and GBP/USD as 1.5320-30, at what rate can you sell GBP and buy EUR?
A) 0.8500
B) 0.8506
C) 0.8512
D) 0.8505
Correct Answer:
Verified
Q492: Risk capital is intended to ensure that
Q493: You have just sold USD 5,000,000.00 spot
Q494: What does the Model Code recommend with
Q495: To establish and maintain a short position
Q496: On fixing date, the settlement payment of
Q498: When an employee executes a personal trade
Q499: In case of a default on a
Q500: What recommendation does the Model Code make
Q501: With reference to dealing periods, what does
Q502: The torward points are calculated from:
A) The
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