Multiple Choice
It is 1985 and suppose the 90-day forward quotes on the DM and the French franc are $.4002-10 and $.1180-90,respectively.What is the direct 90-day forward quote for the franc in Frankfurt?
A) 3.3625-54
B) 3.3631-92
C) .2943-74
D) .2949-68
Correct Answer:
Verified
Correct Answer:
Verified
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