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Suppose It Is 1995 and the Following Direct Quotes Are

Question 23

Multiple Choice

Suppose it is 1995 and the following direct quotes are received for spot and one- month French francs in New York: .1160-684-Then the outright 30- day forward quote for the French franc was:


A) .1156-62
B) .1164-74
C) .1166-72
D) .1154-64

Correct Answer:

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