A currency trader observes the following quotes in the spot market: Given this information,how many Mexican pesos can be purchased for 1 Danish krone?
A) 2.3446
B) 2.0097
C) 2.9188
D) 2.0815
E) 2.3925

Question

A currency trader observes the following quotes in the spot market:  Given this information,how many Mexican pesos can be purchased for 1 Danish krone?
A) 2.3446 
B) 2.0097 
C) 2.9188 
D) 2.0815 
E) 2.3925

Quizplus · Accepted Answer

The Answer of A currency trader observes the following quotes in the spot market:  Given this information,how many Mexican pesos can be purchased for 1 Danish krone?
A) 2.3446 
B) 2.0097 
C) 2.9188 
D) 2.0815 
E) 2.3925

A Currency Trader Observes the Following Quotes in the Spot