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3I0-012 · Question #442

You are quoted the following rates: Spot USD/JPY 97.10-15 3M USD/JPY swap 9/6 Spot USD/CHF 0.9320-23 3M USD/CHF swap 11/8 Where can you sell CHF against JPY 3-month outright?

The correct answer is A. 104.14. See the full explanation below for the reasoning.

Question

You are quoted the following rates:

Spot USD/JPY 97.10-15 3M USD/JPY swap 9/6 Spot USD/CHF 0.9320-23 3M USD/CHF swap 11/8 Where can you sell CHF against JPY 3-month outright?

Options

  • A104.14
  • B104.21
  • C104.23
  • D104.30

How the community answered

(30 responses)
  • A
    73% (22)
  • B
    3% (1)
  • C
    7% (2)
  • D
    17% (5)

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