Question
Gary LeVox is a FX trader for Rascal Flatts Financial Services. Using the following exchange rate quotes, advise Gary whether he can execute a US$150,000
Gary LeVox is a FX trader for Rascal Flatts Financial Services. Using the following exchange rate quotes, advise Gary whether he can execute a US$150,000 trade to general a profit, and if so, how much would be the profit. Round exchange rates to 2 places and your final answer to the nearest dollar.
| US$0.68/AU$ |
| US$0.98/SF |
| SF0.65/AU$ |
Group of answer choices
No; $0
No; Loss US$9,485
No; Loss US$10,126
Yes; Gain US$9,485
Yes; Gain US$10,126
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ONE WORD FROM GOD CAN CHANGE YOUR FINANCES
Authors: Ken Copeland
1st Edition
1575629585, 978-1575629582
