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Q8,9,10,11 please solve. B. Less than 12% C. More than 12% 8. An exchange rate between two currencies has increased to 1.4500. If the base
Q8,9,10,11 please solve.
B. Less than 12% C. More than 12% 8. An exchange rate between two currencies has increased to 1.4500. If the base currency has appreciated by 8% against the price currency, the initial exchange rate between the two currencies wasclosest to: A. 1.3340. B. 1.3426. C. 1.5660. The following information relates to Questions 9-10 A dealer provides the following quotes: Ratio Spot rate CNY HKD 0.8422 CNY/ZAR 0.9149 CNY/SEK 1.0218 9. The spot ZAR/HKD cross-rate is closest to: A. 0.9205. B. 1.0864. C. 1.2978. 10. Another dealer is quoting the ZAR/SEK cross-rate at 1.1210. The arbitrage profit that can be earned is closest to: A. ZAR 3671 per million SEK traded. B. SEK 4200 per million ZAR traded. C. ZAR 4200 per million SEK traded. 11. A BRL MXN spot rate is listed by a dealer at 0.1378. The 6-month forward rate is 0.14193. The 6-month forward points are closest to: A. 41.3. B. +41.3. C. +299.7. the month forward exchange rate in CAD/USD is listed by a dealer at 1.0123. The dealer also quotes DUST spot rate is closest toStep by Step Solution
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