Question
Dealer A quotes 1.5053 62 for the EUR/NZD exchange rate to company XYB. Calculate: (i) the price at which A is willing to buy the
Dealer A quotes 1.5053 62 for the EUR/NZD exchange rate to company XYB.
Calculate:
(i) the price at which A is willing to buy the EUR
(ii) the price at which company XYB can buy the NZD
(iii) the price at which A is willing to sell the EUR
(iv) the price at which company XYB can sell the NZD
(v) the dealers spread
(vi) Dealer A also quotes EUR/USD 1.1832 700. Calculate USD/NZD.
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
