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    Multinational Financial Management Study Set 1
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    Exam 7: The Foreign Exchange Market
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    Suppose Pound Sterling Is Quoted at $1
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Suppose Pound Sterling Is Quoted at $1

Question 20

Question 20

Multiple Choice

Suppose pound sterling is quoted at $1.4419-36,and the Swiss franc is quoted at $0.6250-67.What is the direct quote for the pound in Zurich?


A) 2.3035-70
B) 2.3018- 88
C) 2.3008-98
D) 2.3020-50

Correct Answer:

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