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AgroBank quotes the following rates for the GBP and NZD against the USD: NZD per USD Bid: 1.3985 Ask: 1.4095 GBP per USD Bid: 0.6490
AgroBank quotes the following rates for the GBP and NZD against the USD: NZD per USD Bid: 1.3985 Ask: 1.4095 GBP per USD Bid: 0.6490 Ask: 0.6557
Calculate the bid/ask quotes for GBP per NZD.
(a) Bid 0.4689, ask 0.4604
(b) Bid 0.4641, ask 0.4652
(c) Bid 0.4605, ask 0.4689
(d) Bid 0.4652, ask 0.4641
ANSWER = (c) Bid 0.4605, ask 0.4689
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