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3I0-012 · Question #21

You quote a customer a spot cable 1.6050-55 in USD 3,000,000.00. If they sell USD to you, how much GBP will you be short of?

The correct answer is C. 1,868,57677. See the full explanation below for the reasoning.

Question

You quote a customer a spot cable 1.6050-55 in USD 3,000,000.00. If they sell USD to you, how much GBP will you be short of?

Options

  • A4,816,500.00
  • B1,869,158.88
  • C1,868,57677
  • D4,815,000.00

How the community answered

(26 responses)
  • A
    15% (4)
  • B
    4% (1)
  • C
    73% (19)
  • D
    8% (2)

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