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A bank is quoting the following exchange rates against the dollar for the Swiss franc and the Australian dollar: SF+/$=1.496676AS/S=1.622939 An Australian firm asks the

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A bank is quoting the following exchange rates against the dollar for the Swiss franc and the Australian dollar: SF+/$=1.496676AS/S=1.622939 An Australian firm asks the bank for an SFr/AS quote. What cross-rate would the bank quote? (Round your answers to 4 decimal places.) A foreign exchange trader with a U.S. bank took a short position of 5,000,000 when the $/A exchange rate was 1.36 . Subsequently. the exchange rate has changed to 1.42 . Is this movement in the exchange rate good from the point of view of the position taken by the trader? By how much has the bank's liability changed because of the change in exchange rate? Using the spot and outright forward quotes in the table below, determine the corresponding bid-ask spreads in points. Given the following information, what are the NZD/SGD currency against currency bid-ask quotations? (Do not round intermediate calculations. Round your answers to 4 decimal places.)

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