Question
On 11/8/11, the USD-JPY exchange rate was 77.746 per $1. Also on the same day, the USD-GPB exchange rate was $1.6086 per 1. Find the
On 11/8/11, the USD-JPY exchange rate was 77.746 per $1. Also on the same day, the USD-GPB exchange rate was $1.6086 per 1. Find the cross rate between GBP and JPY.
A. 125.0622 yen
B. 115.0622 yen
C. 0.007996 yen
D. 0.01286 pound
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Introduction To Mathematical Finance Discrete Time Models
Authors: Stanley R. Pliska
1st Edition
1557869456, 9781557869456
