Assume that the Thai baht (THB) is quoted as THB 30. 2511-3987 per US$1 and that the

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Assume that the Thai baht (THB) is quoted as THB 30. 2511-3987 per US$1 and that the Japanese yen (¥) is quoted as 76. 2518-7985 per US$1. What is the cross ¥/THB bid-ask price that the bank would quote to its customers?

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International Corporate Finance Value Creation With Currency Derivatives In Global Capital Markets

ISBN: 9781119550464

2nd Edition

Authors: Laurent L. Jacque

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Question Posted: Mar 09, 2024 01:00 AM

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Assume that the Thai baht (THB) is quoted as THB 30. 2511-3987 per US$1 and that the

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To find the cross THB bidask price we need to first find the bid and ask prices f...View the full answer

International Corporate Finance Value Creation With Currency Derivatives In Global Capital Markets

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