Question
PLEASE DO NOT COPY PREVIOUS ANSWERS I REALLY NEED HELP WITH THIS. Question 1. A. Based on the table below, the two month outright forward
PLEASE DO NOT COPY PREVIOUS ANSWERS I REALLY NEED HELP WITH THIS.
Question 1.
A. Based on the table below, the two month outright forward for a long USDCNY position is ?
B. Based on the table below, the two month outright forward for a short USDCNY position is?
C. Based on the table below, the two month outright forward for a long AUDEUR position is?
D. Based on the table below, the two month outright forward for a short GBPINR position is?
E. Based on the table below, the two month outright forward for a short AUDEUR position is?
NOTE: In this question and all questions below, think of yourself as the customer who has been offered the prices in table by a market maker and is working out the price of various trades
spot 2-month forward bid ask bid ask USDCNY 6.8725 6.8800 338 348 GBPUSD 1.2321 1.2324 15 16 USDINR 68.0681 68.6481 53 55 AUDUSD 0.7778 0.7780 -35 -36 EURUSD 1.0678 1.0680 27 27 USDRUB 59.8675 59.8875 8010 8160 spot 2-month forward bid ask bid ask USDCNY 6.8725 6.8800 338 348 GBPUSD 1.2321 1.2324 15 16 USDINR 68.0681 68.6481 53 55 AUDUSD 0.7778 0.7780 -35 -36 EURUSD 1.0678 1.0680 27 27 USDRUB 59.8675 59.8875 8010 8160Step by Step Solution
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