Assume that the Thai baht (THB) is quoted as THB 30. 2511-3987 per US$1 and that the

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Assume that the Thai baht (THB) is quoted as THB 30. 2511-3987 per US$1 and that the Japanese yen (¥) is quoted as 76. 2518-7985 per US$1. What is the cross ¥/THB bid-ask price that the bank would quote to its customers?

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International Corporate Finance Value Creation With Currency Derivatives In Global Capital Markets

ISBN: 9781119550464

2nd Edition

Authors: Laurent L. Jacque

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Question Posted: Mar 09, 2024 01:00 AM

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Assume that the Thai baht (THB) is quoted as THB 30. 2511-3987 per US$1 and that the

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International Corporate Finance Value Creation With Currency Derivatives In Global Capital Markets

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