TABLE 5.1

Use the table to answer following question(s).
-Refer to Table 5.1. The ask price for the two-year swap for a British pound is:
A) $1.4250/£.
B) $1.4257/£.
C) -$230.
D) -$238.

Question

TABLE 5.1

Use the table to answer following question(s).
-Refer to Table 5.1. The ask price for the two-year swap for a British pound is:
A) $1.4250/£. 
B) $1.4257/£. 
C) -$230. 
D) -$238.

Quizplus · Accepted Answer

The ask price for the two-year swap for a British pound is given by the third entry in the table, which is $1.4257/£. Therefore, the correct choice is B. Choices A, C, and D are incorrect.

TABLE 5.1 Use the Table to Answer Following Question(s)