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3I0-012 · Question #243

If GBP/USD is quoted to you at 1.6120-30, how much GBP would you receive if you sold USD 2,000,000.00?

The correct answer is A. 1,239,925.60. See the full explanation below for the reasoning.

Question

If GBP/USD is quoted to you at 1.6120-30, how much GBP would you receive if you sold USD 2,000,000.00?

Options

  • A1,239,925.60
  • B1,237,873.80
  • C1,240,694.79
  • D1,242,720.50

How the community answered

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

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