Multiple Choice
If spot AUD/USD is quoted to you as 1.0420-25 and 1-month forward AUD/USD is quoted to you as 28/23, at what rate can you buy USD 1-month outright?
A) 1.0448
B) 1.0402
C) 1.0397
D) 1.0392
Correct Answer:
Verified
Correct Answer:
Verified
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