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Author Question: An exchange rate calculated using two other exchange rates is called a(n) ________. A) interest ... (Read 231 times)

nramada

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on: Jul 7, 2018
An exchange rate calculated using two other exchange rates is called a(n) ________.
 
  A) interest arbitrage
  B) forward contract
  C) forward rate
  D) cross rate

Question 2

The exchange rate between the euro () and the dollar is 0.8461/. Which of the following is the correct direct quote on the dollar?
 
  A) 2.20/
  B) 1.1819/
  C) 5.50/
  D) 0.8461/


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chloejackso

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Reply #1 on: Jul 7, 2018
Answer to Question 1

D

Answer to Question 2

B


nramada

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Reply 2 on: Jul 7, 2018
Thanks for the timely response, appreciate it

amandanbreshears

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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