Question
A bank is quoting the following rates- Dollar-CHF spot rate is 1.5975-1.5980 2 months 20/30 3 months 25/15 Dollar-SAR is 3.7550-3.7560 2 months 20/40 3
A bank is quoting the following rates-
Dollar-CHF spot rate is 1.5975-1.5980
2 months 20/30
3 months 25/15
Dollar-SAR is 3.7550-3.7560
2 months 20/40
3 months 30/50
A firm wishes to buy Riyal against 3 months forward with an option over the 3rd month.
What rate will the bank quote?
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Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus, Lorne Switzer, Maureen Stapleton, Dana Boyko, Christine Panasian
9th Canadian Edition
1259271935, 9781259271939
