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Suppose you are a customer in the FX market and you observe the following quotes for FX spot trades of AUD vs. the USD
Suppose you are a customer in the FX market and you observe the following quotes for FX spot trades of AUD vs. the USD and GBP vs. the USD: 0935. JSD/GBP) S(USD/AUD) Bid 1.3974 0.7815 Ask 1.3992 0.7842 To four decimal places, at what price could you as a customer sell AUD and buy GBP? Answer as a direct quote for AUD / indirect quote for GBP.
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Spreadsheet Modeling And Decision Analysis A Practical Introduction To Management Science
Authors: Cliff T. Ragsdale
5th Edition
324656645, 324656637, 9780324656640, 978-0324656633
