Question
assume that 0.6073 GBP = AUD 1 and GBP 1 = 1.1775 EUR. calculate the direct quotation for the Euro assuming that the Australia is
assume that 0.6073 GBP = AUD 1 and GBP 1 = 1.1775 EUR. calculate the direct quotation for the Euro assuming that the Australia is the home currency.
Ans is EUR 1 = 1.3984
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Derivatives Markets
Authors: Robert McDonald
3rd Edition
978-9332536746, 9789332536746
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