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5. (3 points) According to the table below, what is the direct quote of the spot dollar- pound exchange rate, from the U.S. perspective? Country
5. (3 points) According to the table below, what is the direct quote of the spot dollar- pound exchange rate, from the U.S. perspective? Country Britain (Pound) 62,500 1 Month Forward 3 Months Forward 6 Months Forward 12 Months Forward U.S. $ equiv. Tuesday 1.6000 1.6100 1.6300 1.6600 1.7200 Currency per U.S. $ Tuesday 0.6250 0.6211 0.6173 0.6024 0.5814 a. 1.00 - $1.60 b. 1.00 = $1.66 c. $1.00 - 0.6211 d. $1.00 = 0.6250
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