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Question 10 You just read the following spot rates (book notation): A$ 1.77 1.2/ Determine the cross rate between A$ and (i.e. A$ ???/ ).

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Question 10 You just read the following spot rates (book notation): A$ 1.77 1.2/ Determine the cross rate between A$ and (i.e. A$ ???/ ). A$ 1.42/ A$ 2.55/ A$ 2.04/ A$ 0.49/ U Question 11 You just went to a bank today and bought 500 with US$. This type of transaction is calla transaction forward market futures market

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