The bid-ask rate for GBP/OMR in Britain stock exchange GBP is quoted as GBP1.6675-802/OMR. What will the spread for OMR/GBP? a. All the options are wrong b. -0.756 c. 0.756 d. 1.93 e. 0.762 The quote for CAD in Canada is 3.40082 - 52112 = 1 OMR. What will be the ask rate for OMR/CAD? a. 0.284001 b. 0.294047 c. 0.1203 d. 3.52112 e. All the options are wrong
The bid-ask rate for GBP/OMR in Britain stock exchange GBP is quoted as GBP1.6675-802/OMR. What will the spread for OMR/GBP? a. All the options are wrong b. -0.756 c. 0.756 d. 1.93 e. 0.762 The quote for CAD in Canada is 3.40082 - 52112 = 1 OMR. What will be the ask rate for OMR/CAD? a. 0.284001 b. 0.294047 c. 0.1203 d. 3.52112 e. All the options are wrong
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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The bid-ask rate for GBP/OMR in Britain stock exchange GBP is quoted as GBP1.6675-802/OMR. What will the spread for OMR/GBP?
a.
All the options are wrong
b.
-0.756
c.
0.756
d.
1.93
e.
0.762
The quote for CAD in Canada is 3.40082 - 52112 = 1 OMR. What will be the ask rate for OMR/CAD?
a.
0.284001
b.
0.294047
c.
0.1203
d.
3.52112
e.
All the options are wrong
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