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Consider the tabulation below which is given by a bank to a customer: What is the base currency in the AUD/NZD quotes? (read AUD/NZD as

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Consider the tabulation below which is given by a bank to a customer: What is the base currency in the AUD/NZD quotes? (read AUD/NZD as AUD per NZD) AUD/NZD AUD/USD JPY/USD 8810/40 1.2230/65 100.00/80 Spot month FX 10/12 15/-10 30/50 Select one: a. NZD O b. AUD O c. USD d. JPY

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