Question
Deutsche Bank quotes the following rates on the dollar. 0.7183/$ and 0.7692/$ What are the bid and ask rates on the euro ? Hint: restate
Deutsche Bank quotes the following rates on the dollar.
0.7183/$ and 0.7692/$
What are the bid and ask rates on the euro?
Hint: restate your ratios such that the euro is the asset and the dollar is the price.
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Valuation Workbook Step By Step Exercises And Tests To Help You Master Valuation
Authors: McKinsey & Company Inc.
7th Edition
1119611814, 978-1119611813
