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3I0-012 · Question #378

If USD/JPY is quoted to you as 98.10-15 and USD/CHF as 0.9294-99, what is the rate at which you can buy CHF against JPY?

The correct answer is B. 105.61. See the full explanation below for the reasoning.

Question

If USD/JPY is quoted to you as 98.10-15 and USD/CHF as 0.9294-99, what is the rate at which you can buy CHF against JPY?

Options

  • A105.50
  • B105.61
  • C10555
  • D0.009474

How the community answered

(52 responses)
  • A
    4% (2)
  • B
    73% (38)
  • C
    15% (8)
  • D
    8% (4)

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