Suppose it is 1995 and the following direct quotes are received for spot and one- month French francs in New York: .1160-684-Then the outright 30- day forward quote for the French franc was:
A) .1156-62
B) .1164-74
C) .1166-72
D) .1154-64
Correct Answer:
Verified
Q1: Exports of goods and services by the
Q3: spot and 180?day forward rates for the
Q4: overwhelming majority of foreign exchange transactions involve
A)multinational
Q4: Suppose the spot direct quotes for the
Q5: Suppose the spot direct quotes for the
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
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