The following quotations are available for you as a customer to transact in the AUD and...
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The following quotations are available for you as a customer to transact in the AUD and USD FX and 6 month interest rate markets: Spot FX market S(USD/AUD) 6 month annualised interest rates AUD USD 0.7393 0.7449 0.7425 Bid 0.7351 0.7502 Lending Rate 4.7% 2.8% Ask Quoted as direct for AUD, and to four decimal places, the price at which a customer could sell AUD and buy USD settling in 6 months time via spot and money markets is: 0.7508 Borrowing Rate 4.9% 3.1% The following quotations are available for you as a customer to transact in the AUD and USD FX and 6 month interest rate markets: Spot FX market S(USD/AUD) 6 month annualised interest rates AUD USD 0.7393 0.7449 0.7425 Bid 0.7351 0.7502 Lending Rate 4.7% 2.8% Ask Quoted as direct for AUD, and to four decimal places, the price at which a customer could sell AUD and buy USD settling in 6 months time via spot and money markets is: 0.7508 Borrowing Rate 4.9% 3.1%
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ANS WER 0 7 449 WORK ING AUD USD 6 month rate 1 0 750 2 0 0 4... View the full answer
Related Book For
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed
Posted Date:
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