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?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter22: International Financial Management
Section: Chapter Questions
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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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