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As a Foreign Exchange Trade at Deutsche Bank,one of Your

Question 29

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As a foreign exchange trade at Deutsche Bank,one of your customers would like a yen quote on Australian dollars.The current spot market rates are ¥101.37-85/U.S.$ and A$1.2924-44/U.S.$.What bid and ask yen cross rates would you quote on spot Australian dollars?

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By means of triangular arbitrage,you can...

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