You are working at the trading desk of a large London bank and you have 2,000,000...
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You are working at the trading desk of a large London bank and you have 2,000,000 GBP to invest in the foreign exchange market. You see the following F/X quotes on Singapore dollars (SGD), British pounds (GBP), and New Zealand dollars (NZD): UBS: Credit Suisse: Citi: 0.9106 SGD/NZD 0.5135 GBP/NZD 1.787 SGD/GBP What is the cross rate (SGD per GBP) between UBS and Credit Suisse (to three decimals)? You are working at the trading desk of a large London bank and you have 2,000,000 GBP to invest in the foreign exchange market. You see the following F/X quotes on Singapore dollars (SGD), British pounds (GBP), and New Zealand dollars (NZD): UBS: Credit Suisse: Citi: 0.9106 SGD/NZD 0.5135 GBP/NZD 1.787 SGD/GBP What is the cross rate (SGD per GBP) between UBS and Credit Suisse (to three decimals)?
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Related Book For
Spreadsheet Modeling & Decision Analysis A Practical Introduction to Management Science
ISBN: 978-0324656633
5th edition
Authors: Cliff T. Ragsdale
Posted Date:
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