Question
Suppose pound sterling is quoted at $1.4419-36, and the Swiss franc is quoted at $0.6250-67. What is the direct quote for the pound in Zurich?
Suppose pound sterling is quoted at $1.4419-36, and the Swiss franc is quoted at $0.6250-67. What is the direct quote for the pound in Zurich? Suppose the Brazilian Real is quoted at $0.9455-9510, and the Thai baht is quoted at baht 25.2513-3986 per USD. What is the direct quote for the Real in Bangkok?
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Practical Financial Management
Authors: William R. Lasher
7th edition
128560721X, 9781133593669, 1133593682, 9781285607214, 978-1133593683
