Question
(e) You are given the following quotation. Buying Selling USD/CAN 1.0010 1.0050 CAN/MYR 2.9960 2.9995 GBP/BND 2.2420 2.3655 MYR/BND 0.3450 0.3650 USD/SGD 1.2030 1.2060 Compute
(e) You are given the following quotation. Buying Selling USD/CAN 1.0010 1.0050 CAN/MYR 2.9960 2.9995 GBP/BND 2.2420 2.3655 MYR/BND 0.3450 0.3650 USD/SGD 1.2030 1.2060 Compute the following. i. Cross-rate for buying and selling between USD/MYR. (3 marks) ii. Cross-rate for buying and selling between GBP/MYR. (3 marks) iii. Cross-rate for buying and selling between CAN/SGD. (3 marks)
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Airline Finance
Authors: Peter S. Morrell
4th Edition
1351959743, 978-1351959742
