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Country U.S. $ equiv. Currency per U.S. $ Tuesday Monday Tuesday Monday U.K. (Pound) 62,500 2.0000 1.9800 0.5000 0.5051 1 Month Forward 2.0100 1.9900 0.4975

Country U.S. $ equiv. Currency per U.S. $
Tuesday Monday Tuesday Monday
U.K. (Pound) 62,500 2.0000 1.9800 0.5000 0.5051
1 Month Forward 2.0100 1.9900 0.4975 0.5025
3 Months Forward 2.0200 2.0000 0.4950 0.5000
6 Months Forward 2.0300 2.0100 0.4926 0.4975
12 Months Forward 2.0400 2.0200 0.4902 0.4950
Euro 62,500 1.5000 1.4800 0.6667 0.6757
1 Month Forward 1.5100 1.4900 0.6623 0.6711
3 Months Forward 1.5200 1.5000 0.6579 0.6667
6 Months Forward 1.5300 1.5100 0.6536 0.6623
12 Months Forward 1.5400 1.5200 0.6494 0.6579

Using the table shown, what is the spot cross-exchange rate between pounds and euro on Tuesday?

Multiple Choice

none of the options

1.00 = 0.75

1.33 = 1.00

1.00 = 0.75

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