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    Exam 15: Foreign Exchange: The Structure and Operation of the Fx Market
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    Calculate the Current Exchange Rate EUR/JPY,given These Two Quotes
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Calculate the Current Exchange Rate EUR/JPY,given These Two Quotes

Question 15

Question 15

Multiple Choice

Calculate the current exchange rate EUR/JPY,given these two quotes:
USD/EUR 0.9780-90
USD/JPY 119.20-30


A) EUR/JPY 116.57-79
B) EUR/JPY 116.67-70
C) EUR/JPY 121.86-88
D) EUR/JPY 121.76-98

Correct Answer:

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