Suppose the spot quote on the euro is $0.9302-18 and the spot quote on the Swiss franc is $0.6180-90. Compute the percentage bid-ask spreads on the euro and the franc, then calculate the direct spot quote for the franc in Paris.
SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE
Get Answers For Free
Most questions answered within 1 hours.