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at time t Bid ask spot (US dollar per 1 AUD) 1.34 1.35 forward (USD per 1 Australian dollar) 1.33 1.333 bid ask spot (Japanese
| at time t | |||||
| Bid | ask | ||||
| spot (US dollar per 1 AUD) | 1.34 | 1.35 | |||
| forward (USD per 1 Australian dollar) | 1.33 | 1.333 | |||
| bid | ask | ||||
| spot (Japanese yen per 1 US dollar) | 100 | 101 | |||
| forward (Japanese yen per 1 US dollar) | 99 | 99.5 | |||
what is the cross-rate between yen|AUD (yen per 1 AUD)?
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None of the above
This question is ill-posed
129.1-129.4
131.67 -132.63
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Essays In Public Finance Theory And Practice Of Decentralization Essays In Public Finance
Authors: Tikiri Herath
1st Edition
3659130532, 9783659130533
