Solved

You Quote a Customer Spot AUD/USD at 1

Question 103

Multiple Choice

You quote a customer spot AUD/USD at 1.0350-55. The T/N swap is quoted to you at 3/2. The customer asks to buy USD for value tomorrow. What rate should you quote him to break-even against the other rates?


A) 1.0352
B) 1.0353
C) 1.0347
D) 1.0348

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions