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    Financial Markets Association (ACI FMA) Exams
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    Exam 1: ACI Dealing Certificate-Part A
  5. Question
    You Are Quoted the Following Market Rates: Spot USD/JPY 123
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You Are Quoted the Following Market Rates: Spot USD/JPY 123

Question 16

Question 16

Multiple Choice

You are quoted the following market rates: spot USD/JPY 123.65 1M (30-day) USD. 2.15% 1M (30-day) JPY 0.10% What is 1-month USD/JPY?


A) 123.44
B) 123.65
C) 123.86
D) 123.90

Correct Answer:

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