(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?

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
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Please answer as much as possible within 2 hours. 

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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