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If You Bought USD 2,000,000 Against CHF at 1

Question 124

Multiple Choice

If you bought USD 2,000,000 against CHF at 1.1020, USD 3,000,000 at 1.1040 and USD 5,000,000 at 1.1032, what is the average rate of your position?


A) 1.1030
B) 1.1035
C) 1.1028
D) 1.1032

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