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Suppose that the Swedish Krona (SEK) is quoted at SEK8.621-8.657/$ and the Thai Baht (THB) is quoted at $0.0254-95/THB. What is the direct quotation for
- Suppose that the Swedish Krona (SEK) is quoted at SEK8.621-8.657/$ and the Thai Baht (THB) is quoted at $0.0254-95/THB. What is the direct quotation for the Swedish Krona in Bangkok? Explain your answer.
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Fundamentals Of Multinational Finance
Authors: Michael Moffett, Arthur Stonehill, David Eiteman
6th Edition
0134472136, 978-0134472133
