A treasurer of a company got the following quotation from an FX dealer: "The dollar euro is sixty-two ten-fifteen, thirteen-thirty-one". What is the forward rate?
A treasurer of a company got the following quotation from an FX dealer: "The dollar euro is sixty-two ten-fifteen, thirteen-thirty-one". What is the forward rate?
Chapter22: International Financial Management
Section: Chapter Questions
Problem 8P
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Question
A treasurer of a company got the following quotation from an FX dealer: "The dollar euro is sixty-two ten-fifteen, thirteen-thirty-one". What is the forward rate?
Select one:
a.
USD/EUR 0.6210-15
b.
AUD/EUR 0.6210-15
c.
USD/EUR 0.6223-46
d.
AUD/EUR 0.6223-46
e.
USD/EUR 0.6184-97
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