Question
The current EUR/USD spot rate is 1.1550. Today's date is 5th June 2018. The 4, 5 and 6 month EUR/USD swap rates are 10, 20
The current EUR/USD spot rate is 1.1550. Today's date is 5th June 2018. The 4, 5 and 6 month EUR/USD swap rates are 10, 20 and 30 points, respectively. Determine the FX swap rate to 22th, November, 2018. (Can you please explain the reason or process for that answer? thanks!)
a:+15.0
b:-25.0
c:+25.0
d:-15.0
e:1.15444
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Essential Finance Guide
Authors: DK Publishing
1st Edition
078948157X, 978-0789481573
