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Based on the provided quote on the FX futures market, please calculate: a. how much USD do you need to buy 40 mil of Great
Based on the provided quote on the FX futures market, please calculate: 
British Pound Volume of FX in millions $ Price/FX Ask 3 10 1.5 Ask 2 30 1.4 Ask 1 20 1.3 Bid 1 30 1.2 Bid 2 20 1.1 Bid 3 20 1.0 a. how much USD do you need to buy 40 mil of Great Britain Pound (GBP)?
b. how much USD can you receive if you sell 40 mil of GBP?
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Measuring And Managing Credit Risk Quantitative Approach For Default Risk Data Analysis And Models For Loss Distributions Unique Strategies For Back Capital Allocation And Saucerization
Authors: Arnaud De Servigny , Olivier Renault
1st Edition
0071417559,007178800X
