Question: 2. Based on the provided quote on the FX futures market, please calculate: how much USD do you need to buy 4000 mil of JPY?

2. Based on the provided quote on the FX futures market, please calculate:

how much USD do you need to buy 4000 mil of JPY?

Japanese Yen Volume of FX in millions S Price/FX Ask 3 4000 0.015 Ask 2 2000 0.012 Ask 1 1000 0.01 Bid 1 2000 0.008 Bid 2 2000 0.007 Bid 3 1000 0.006 More

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