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As a currency trader, you see the following quotes (spot rates and swap points) on your computer screen: Exchange Rate Spot 1 month 2-month 3-month
As a currency trader, you see the following quotes (spot rates and swap points) on your computer screen:
Exchange Rate | Spot | 1 month | 2-month | 3-month | 6-month |
---|---|---|---|---|---|
USD/EUR | 1.0435/45 | 20/25 | 52/62 | 75/90 | 97/115 |
JPY/USD | 98.75/85 | 12/10 | 20/16 | 25/19 | 45/35 |
USD/GBP | 1.6623/33 | 30/35 | 62/75 | 95/110 | 120/130 |
If one of your customers wants to buy euros with dollars in 6 months, what price do you quote?
Select one:
A.
1.0348
B.
1.0335
C.
1.0560
D.
1.0532
E.
1.0325
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