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You Are Quoted the Following Market Rates: Spot AUD/USD         1

Question 114

Multiple Choice

You are quoted the following market rates: Spot AUD/USD         1.0380-85 0/N AUD/USD swap         2.42/2.35 TIN AUD/USD swap         0.82/0.79 S/N AUD/USD swap         0.80/0.77 Where can you buy AUD against USD for value tomorrow?


A) 1.038579
B) 1.038582
C) 1.038418
D) 1.038421

Correct Answer:

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