The euro and British pound usually are quotedas direct quotes. Most other currencies arequoted as indirect quotes. How would you calculate the indirect quote for a euro? How wouldyou calculate the direct quote for a krona?
The euro and British pound usually are quotedas direct quotes. Most other currencies arequoted as indirect quotes. How would you calculate the indirect quote for a euro? How wouldyou calculate the direct quote for a krona?
Chapter3: International Financial Markets
Section: Chapter Questions
Problem 2IEE
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The euro and British pound usually are quoted
as direct quotes. Most other currencies are
quoted as indirect quotes. How would you calculate the indirect quote for a euro? How would
you calculate the direct quote for a krona?
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