Question
The spot and forward bid ask prices (yen per dollar) are quoted as follows: Spot 30 day forward 106.75/85 20/10 If a forward trade is
The spot and forward bid ask prices (yen per dollar) are quoted as follows: Spot 30 day forward 106.75/85 20/10
If a forward trade is entered for buying 10,000 at the end of the 30 day period what will be the cost in dollars to be paid?
Report the answer rounded to two decimal places and without the $ symbol.
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Money How The Destruction Of The Dollar Threatens The Global Economy And What We Can Do About It
Authors: Steve Forbes, Elizabeth Ames
1st Edition
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