1. Given the following closing exchange rates (USDABC = 10.00; USDXYZ = 100.00), which of the following should be the ex

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answerhappygod
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1. Given the following closing exchange rates (USDABC = 10.00; USDXYZ = 100.00), which of the following should be the ex

Post by answerhappygod »

1. Given the following closing exchange rates (USDABC = 10.00;
USDXYZ = 100.00), which of the following should be the exchange
rate for ABCUSD?
0.01
0.10
1.00
10.00
2. Given the following on-screen quotes for EUR/USD:
BPI 1.1200/1.1300
BDO: 1.1200/1.1280
PNB: 1.1190/1.1350.
Suppose you are a trader for Company X and you want to buy some
EUR, which quote (bid/offer) would you post?
1.1210 / 1.1310
1.1185 / 1.1300
1.1190 / 11355
1.1200 / 1.1270
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