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3I0-012 · Question #339

You are quoted the following rates: Spot EUR/NOK 7.5250-60 O/N EUR/NOK swap 3.10/3.20 T/N EUR/NOK swap 3.12/3.22 S/N EUR/NOK swap 9.35/9.55 At what rate can you sell EUR against NOK for value…

The correct answer is D. 7.524678. See the full explanation below for the reasoning.

Question

You are quoted the following rates:

Spot EUR/NOK 7.5250-60 O/N EUR/NOK swap 3.10/3.20 T/N EUR/NOK swap 3.12/3.22 S/N EUR/NOK swap 9.35/9.55 At what rate can you sell EUR against NOK for value tomorrow?

Options

  • A7.525322
  • B7.525312
  • C7.524688
  • D7.524678

How the community answered

(17 responses)
  • A
    12% (2)
  • B
    6% (1)
  • C
    6% (1)
  • D
    76% (13)

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