Suppose the spot direct quotes for the pound sterling and euro are $and $.1230?33, respectively. What is the direct quote for the pound in Paris?
A) €1.1339-73/£
B) €.8793-.8819/£
C) £.0808?12/€
D) £.0976?87/€
Correct Answer:
Verified
Q1: Suppose it is 1995 and the following
Q1: Exports of goods and services by the
Q3: spot and 180?day forward rates for the
Q4: Suppose the spot direct quotes for the
Q4: overwhelming majority of foreign exchange transactions involve
A)multinational
Q6: _ between a bank and a customer
Q7: is 1985 and suppose the 90?day forward
Q9: the direct price of the dollar is
Q10: spot and 30?day forward rates for the
Q16: American terms refers to the
A)number of U.S.dollars
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