Question
Hey, thanks in advance for any assistance you are able tp proviude. The issue that i am having is with regards to diverting the direct
Hey, thanks in advance for any assistance you are able tp proviude. The issue that i am having is with regards to diverting the direct quotes to indirect quotes. Whwen i divide the price by 1 the ASK ends up being less than the BID.
Q: If these are direct quotes, convert them into indirect quotes. If these are indirect quotes, convert them into direct quotes.
| BID (USD / AUD) | ASK (USD / AUD) | |
| SPOT | 0.7346 | 0.7348 |
| 3-Month Forward | 0.7349 | 0.7352 |
| 6-Month Forward | 0.7353 | 0.7357 |
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Financial Management For Technology Start Ups
Authors: Alnoor Bhimani
2nd Edition
1398603082, 978-1398603080
