Question
What is the current spot rate of dollars per pound, and that of pounds per dollar based on the following table (Note: use mid rates)?
What is the current spot rate of dollars per pound, and that of pounds per dollar based on the following table (Note: use mid rates)?
| Yen: Spot and Forward (/$) | Pound: Spot and Forward ($/) | |||||
| Mid Rates | Bid | Ask | Mid Rates | Bid | Ask | |
| Spot Rates | 129.87 | 129.82 | 129.92 | 1.4484 | 1.4481 | 1.4487 |
| Forward Rates | ||||||
| 1 month | 129.68 | -20 | -18 | 1.4459 | -26 | -24 |
| 6 months | 128.53 | -136 | -132 | 1.4327 | -160 | -154 |
Group of answer choices
$1.4484/; 0.6904/$
$1.4459/; 0.6916/$
$1.4250/; 0.6804/$
$1.4225/; 0.6816/$
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Biblical Finance Reflections On Money Wealth And Possessions
Authors: Mark Lloydbottom, Keith Tondeur
1st Edition
0956395023, 978-0956395023
