Question: Listen Using the table shown, what rate could be used to lock-in an exchange rate for British pounds for 90 days from now? Use a
Listen Using the table shown, what rate could be used to lock-in an exchange rate for British pounds for 90 days from now? Use a direct quote. Country Britain (Pound) 62,500 1 Month Forward 3 Months Forward 6 Months Forward 12 Months Forwardi $1.72 = 1.00 $1.66 = 1.00 $1.63 = 1.00 $1.61 1.00 $1.60-1.00 U.S.S equiv. Tuesday 1.6000 1.6100 1.6300 1.6600 1.7200 Monday 1.6100 1.6300 1.6600 1.7200 1.8000 Currency per U.S.S. Tuesday 0.625 0.6211 0.6173 0.6024 0.5814 Monday 0.6211 0.6173 0.6024 0,5814 0.5556 k
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