Question: Also do these: Extra Problems on Foreign Exchange Markets: For the following 7 questions, refer to the table below of FX quotes from marketwatch.com on
Also do these: Extra Problems on Foreign Exchange Markets: For the following 7 questions, refer to the table below of FX quotes from marketwatch.com on 8/23/19: Symbol Bid Ask Symbol Bid Ask USDJPY 105.4430 105.4530 EURCHF 1.0860 1.0863 USDCHF 0.9750 0.9754 EURJPY 117.4063 1174491 GBPUSD 1.2275 1.2277 NZDJPY 67.3334 67 4030 EURUSD 1.1135 1.1138 AUDCHF 0.6576 0.6586 AUDUSD 0.6747 0.6751 AUDNZD 1.0554 1.0574 USDCAD 1.3293 1.3298 CADJPY 79.2953 79.3327 EUR-European Euro USD= United States Dollar AUD=Australian Dollar CHF Swiss Franc JPY Japanese Yen NZD New Zealand Dollar GBP= United Kingdom Pound 1. At what rate does the dealer buy JPY (with USD)? 2. At what rate does an American customer buy EUR? 3. At what rate does an American customer buy CHF? 4. At what rate does the dealer buy JPY (with EUR)? 5. At what rate does an American customer buy AUD? 6. At what rate does a Japanese customer buy NZD? 7. At what rate does a European customer buy GBP? (use USD quotes)
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