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Question 19 If $/yen = 2 and $/Euro = 5 then which of the following cross rate is correct. euro/yen =10 yen/euro = 2.5 euro/yen
Question 19 If $/yen = 2 and $/Euro = 5 then which of the following cross rate is correct. euro/yen =10 yen/euro = 2.5 euro/yen = 2.5 yen/euro = 0.4 Question 18 If 1 US $ equal to 20 UK pound then which of the following is correct. direct quote for US investor is 0.05 and direct quote for UK investor is 0.05 direct quote for US investor is 20 and indirect quote for UK investor is 0.06 indirect quote for US investor is 20 and direct quote for UK investor is 0.05 direct quote for US investor is 0.05 and indirect quote for UK investor is 0.05
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