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1. Dollar quotation Closing Mid-point Bid/Offer Spread One Month Rate

1. Dollar quotation Closing Mid-point Bid/Offer Spread One Month Rate

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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You can reject the wrong questions I asked 2 hours ago. 

 

But now 3rd question is asking about EURO / not British sterling pound....

 

EURO exchange rate to USD is given on the table.... Calculate it based on the table and EURO.  

Please answer asap.

 

 

1. Dollar quotation FFr DM £ ¥ Closing Mid-point 5.675 1.692 1.6812 6.4628 Bid/Offer Spread 740-760 917-922 808-816 549-680 One Month Rate 5.665 1.689 1.6786 6.4658 (3) Mr. Brown who is a British travelling in USA now, and he bought a house in Hawaii with price of 50,000 USD, so how much sterling pound he cost?
Transcribed Image Text:1. Dollar quotation FFr DM £ ¥ Closing Mid-point 5.675 1.692 1.6812 6.4628 Bid/Offer Spread 740-760 917-922 808-816 549-680 One Month Rate 5.665 1.689 1.6786 6.4658 (3) Mr. Brown who is a British travelling in USA now, and he bought a house in Hawaii with price of 50,000 USD, so how much sterling pound he cost?
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