Question
Q2: Based on the following information answer the questions? (5 Marks) Quoted Bid Price Quoted Ask Price Value of US $ in Japanese Yen JY
Q2: Based on the following information answer the questions? (5 Marks)
|
| Quoted Bid Price | Quoted Ask Price |
| Value of US $ in Japanese Yen | JY .80 | JY.81 |
| Value of Dirham in US $ | $.300 | $.301 |
- Is these quotations are direct or indirect?
- Find the value of the Japanese Yen in Dirham ? What is this quotation called?
Value of Dirham in Japanese yen
- If you have 8000$ how much this amount equal in Dirham ?
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Pricing In General Insurance
Authors: Pietro Parodi
2nd Edition
0367769034,1000860833
