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19 Suppose that the current exchange rate is 1.00 - $1.60. The indirect quote from the US. perspective is A) 0.6250 - $1.00 3) 1.60

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19 Suppose that the current exchange rate is 1.00 - $1.60. The indirect quote from the US. perspective is A) 0.6250 - $1.00 3) 1.60 - $1.00 E1.00 - $1.60. D) none of the options 19) The bid price Aj is the price that a dealer stands ready to pay s) is the price that a dealer stands ready to sell at. is the price that the dealer has just paid for something, his historical cost of the most recent trade. Drefers only to auctions like eBay, not over-the-counter transactions with dealers. 20) 20. If the SE bid and ask prices are $1.50 and $1.51, respectively, the corresponding ES bid and ask prices are A) 51.51 and $1.50 B) 0.6667 and 0.6623 0.6623 and 0.6667 Dy cannot be determined with the information given Country Britain (Pound 6.500 Month Forward Months onward 6 Months onward 12 Months Forward EURO EE00 1 Touch Forward Months Forward 16 Months Forward 12 Months Forward US. Seguiv. Currency per USS Tuesday Monday Tuesday Monday OO 9 000 5000 O SOST 20100 1.9900 0.4975 0.5025 210200270000040500 3000 201002010002402604073 204002702000 090 0.4050 :5000 450006667 0.6757 13100149000.6622106711 13200 13000 0 .6579 076667 15300 1 0006575 0.6623 13400 5 200 06494 0.6379 Using the table shown what is the spot cross-exchange rate between pounds and curo? A) E1.00 = 0.75 B) 1.00 - 0.75 1,33 - 1.00 Dy none of the options Suppose you observe the following exchange rates: El - $1.50; 120 - $1.00. Calculate the croyon exchange rate. A 80 = 1.00 B) V133.33 1.00 GET = 250 D) 11.00 - 180 22)

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