Question
A client wants to sell CHF against GBP. The USD/CHF rate is 1.4915/20 and the GBP/USD rate is 1.4628/33. What rate do you quote the
A client wants to sell CHF against GBP. The USD/CHF rate is 1.4915/20 and the GBP/USD rate is 1.4628/33. What rate do you quote the client?
1) 2.1824
2) 2.1832
3) 2.1847
4) 2.1817
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
11th edition
9781259278617, 77861647, 1259278611, 978-0077861643
