Multiple Choice
If the spot rate is AUD/USD 0.5510-0.5515,and the six-month forward points are 48 to 53,the six-month outright forward rate would be:
A) AUD/USD 0.5462-0.5462
B) AUD/USD 0.5563-0.5558
C) AUD/USD 0.5558-0.5563
D) AUD/USD 0.5558-0.5568
Correct Answer:
Verified
Correct Answer:
Verified
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