1. In the Wall Street Journal , you observe that the British pound () is quoted at...
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Question:
1. In the Wall Street Journal, you observe that the British pound (£) is quoted at $1.65. The Australian dollar (A$) is quoted at $0.60. What is the value of the Australian dollar in British pounds?
2. Assume that the spot rate for the euro is $1.20 while the 180-day forward rate for the euro is $1.23. What is the forward rate premium?
3. USD/CHF= .93
USD/CAD= $1.36
What is the value of CHF in CAD?
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