Question: question 1andnbspthe exchange rate of usdaud is quoted at 074...
Question details
Question 1:
The exchange rate of USD/AUD is quoted at 0.74 - 0.77. What is the bid ask spread?
Question 2:
A forward is quoted at 8 bps. The current spot price for the same underlying assets of forward is 1.7705. What is the forward price?
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