You have called your foreign trader and asked for quotations USD/INR in spot market, 1-month, 3-month and 6-month Forward market. The trader has responded with the following: INR 46.5117/25 3/7 12/10 9/6 Which of the above quotations will lead to the highest spread? O a. Spot Quote O b. 6-month Forward Quote O c1-month Forward Quote Od. 3-month Forward Quote

You have called your foreign trader and asked for quotations USD/INR in spot market, 1-month, 3-month and 6-month Forward market. The trader has responded with the following: INR 46.5117/25 3/7 12/10 9/6 Which of the above quotations will lead to the highest spread? O a. Spot Quote O b. 6-month Forward Quote O c1-month Forward Quote Od. 3-month Forward Quote

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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