9. Given the following information, what are the NZD/SGD currency against currency bidask quotations? Doug Bernard specializes

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9. Given the following information, what are the NZD/SGD currency against currency bidask quotations?

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Doug Bernard specializes in cross-rate arbitrage. He notices the following quotes:
Swiss franc/dollar = SFr1.5971/$
Australian dollar/U.S. dollar = A$1.8215/$
Australian dollar/Swiss franc = A$1.1440/SFr

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ISE International Financial Management

ISBN: 9781260575316

9th International Edition

Authors: Cheol Eun, Bruce Resnick, Tuugi Chuluun

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Question Posted: Sep 19, 2024 02:30 PM

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9. Given the following information, what are the NZD/SGD currency against currency bidask quotations? Doug Bernard specializes

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American Terms European Terms Bank Quotations Bid Ask Bid Ask New Zealand dollar .7265 .7272 1.3751 1.3765 Singapore dollar .6135 .6140 1.6287 1.6300

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ISE International Financial Management

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