TABLE 6.1
Use the table to answer following question(s).
-Refer to Table 6.1. The one-month forward bid price for dollars as denominated in Japanese yen is:
A)-¥20.
B)-¥18.
C)¥129.74/$.
D)¥129.62/$.

Question

TABLE 6.1
Use the table to answer following question(s). 
-Refer to Table 6.1. The one-month forward bid price for dollars as denominated in Japanese yen is:
A)-¥20. 
B)-¥18. 
C)¥129.74/$. 
D)¥129.62/$.

Quizplus · Accepted Answer

The one-month forward bid price for dollars as denominated in Japanese yen is located in the lower left cell of the table, where the row is for one month forward and the column is for the bid price. The value in that cell is ¥129.62/$. Therefore, the correct answer is D.

TABLE 6.1 Use the Table to Answer Following Question(s)