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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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