ACI
3I0-012 · Question #170
You are quoted spot USD/NOK 5.7220-28 and USD/SEK 6.3850-58, at what price can you buy NOK against SEK?
The correct answer is D. 1.1160. See the full explanation below for the reasoning.
Question
You are quoted spot USD/NOK 5.7220-28 and USD/SEK 6.3850-58, at what price can you buy NOK against SEK?
Options
- A0.8963
- B1.1157
- C1.1159
- D1.1160
How the community answered
(35 responses)- A6% (2)
- B3% (1)
- C9% (3)
- D83% (29)
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