is 1985 and suppose the 90?day forward quotes on the DM and the French franc are $.4002?10 and $.1180?90, respectively. What is the direct 90?day forward quote for the franc in Frankfurt?
A) 3.3625?54
B) 3.3631?92
C) .2943?74
D) .2949?68
Correct Answer:
Verified
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
Q5: Suppose the spot direct quotes for the
Q6: _ between a bank and a customer
Q9: the direct price of the dollar is
Q10: spot and 30?day forward rates for the
Q12: risk that a central bank will not
Q16: American terms refers to the
A)number of U.S.dollars
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