ACI
3I0-012 · Question #104
If spot NZD/CHF is quoted to you as 0.7406-09. How many NZD would you receive in exchange for CHF 5,000,000.00 if you dealt on the price?
The correct answer is B. 6,748,549.06. See the full explanation below for the reasoning.
Question
If spot NZD/CHF is quoted to you as 0.7406-09. How many NZD would you receive in exchange for CHF 5,000,000.00 if you dealt on the price?
Options
- A3,704,500.00
- B6,748,549.06
- C3,703,000.00
- D6,751,282.74
How the community answered
(66 responses)- A3% (2)
- B82% (54)
- C9% (6)
- D6% (4)
Community Discussion
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