Question
The spot rates between the JPY and the USD are JPY114.65-88/USD and the 90-day forward rate pips are 13-18.The spot rate between the AUD and
The spot rates between the JPY and the USD are JPY114.65-88/USD and the 90-day forward rate pips are 13-18.The spot rate between the AUD and the USD is AUD1.3814-34/USD and the 90-day forward rate pips are 36-42.What is the outright ask rate for a 90-day forward JPY/AUD contract? a.JPY82.718/AUD b.JPY83.076/AUD C.JPY82.874/AUD O d.JPY82.920/AUD O e.None of the options in this question are correct.
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
10th Edition
053875446X, 978-0538754460
