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Given the following currency pair: BID OFFER USD/JPY 104 106 a. How many yen would I receive for $1 million? b. How many Dollars would
- Given the following currency pair:
BID OFFER
USD/JPY 104 106
a. How many yen would I receive for $1 million?
b. How many Dollars would I receive for 318,000,000?
I got the answer but I'm not sure im right. For a) I got 104 million yen. and for b) I got 3,000,000 dollars. Please check if im right! thank you
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