Question
Q 1} We have the following quotes: Spot exchange rate: 1.2571 1.2584 CHF/USD 3-months forward: 14 to 20 Calculate the number of points spread for
Q 1}
We have the following quotes:
Spot exchange rate: 1.2571 1.2584 CHF/USD
3-months forward: 14 to 20
Calculate the number of points spread for the forward rate.
-------------
Q2}
You are planning to travel from Jeddah, Saudi Arabia to Paris, France. You leave Jeddah with 14.2 thousands of SAR in your wallet. Wanting to exchange all of these for euros, you obtain the following quotes.
Spot rate on the riyal/euro cross rate 4.4651 SAR/EUR
Spot rate on the euro/dollar cross rate: 0.2248 EUR/USD
How many thousands of euros will you obtain for your riyals?
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Financial Theory Perspectives From China
Authors: Xingyun Peng
1st Edition
1938134311, 1938134338, 9781938134319, 9781938134333
