You observe the following spot and forward bid-ask rates for the PKR/CAD and AUD/CAD exchange rates: Spot 30-day PKR117.
Posted: Sat Mar 19, 2022 5:56 pm
You observe the following spot and forward bid-ask rates for the PKR/CAD and AUD/CAD exchange rates: Spot 30-day PKR117.36-85/CAD 24-13 AUD 1.2924-48/CAD 20-31 What is the outright bid price for the PKR cross-rate on 30-day forward Australian dollars? O a. 90.2381 O b. 90.6079 O c. 91.0428 O d. 91.3501 O e. 152.0100