Question
Suppose the current CAD/JPY bid/offer quote is 90.410-23. Which of the following statements are true? Select ALL correct answers. Review Later a. The customer pays
Suppose the current CAD/JPY bid/offer quote is 90.410-23. Which of the following statements are true? Select ALL correct answers. Review Later
a. The customer pays 90.410 JPY for each CAD he/she buys
b The customer pays 90.423 JPY for each CAD he/she buys
c The bank is buying 1 CAD for 90.423 JPY
d The bank is selling 1 CAD for 90.423 JPY
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The Handbook Of Credit Portfolio Management
Authors: Greg Gregoriou, Christian Hoppe
1st Edition
0071598340, 978-0071598347
