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Suppose the Following Direct Quotes Are Received for Spot and One-Month

Question 30

Multiple Choice

Suppose the following direct quotes are received for spot and one-month French francs in New York: .1260-684-6.Then the outright 30-day forward quote for the French is:


A) .1256-62
B) .1264-74
C) .1266-72
D) .1254-64

Correct Answer:

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