If GSP/USD is quoted to you at 1.61 20-30, how much GSP would you receive if you sold USD 2000,000?
A) 1,239,925.60
B) 1,237,873.80
C) 1,240,694.79
D) 1,242,720.50

Name: If GSP/USD is quoted to you at 1.61 20-30, how much GSP would you receive if you sold USD 2000,000? A) 1,239,925.60 B) 1,237,873.80 C) 1,240,694.79 D) 1,242,720.50
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Question

Quizplus · Accepted Answer

The correct answer is A because 2,000,000 USD x 1.6120 = 1,239,925.60 GSP.

If GSP/USD Is Quoted to You at 1