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3I0-012 · Question #522

If EUR/USD is quoted to you as 1.3030-40 and GBP/USD as 1.5320-30, at what rate can you sell GBP and buy EUR?

The correct answer is C. 0.8512. See the full explanation below for the reasoning.

Question

If EUR/USD is quoted to you as 1.3030-40 and GBP/USD as 1.5320-30, at what rate can you sell GBP and buy EUR?

Options

  • A0.8500
  • B0.8506
  • C0.8512
  • D0.8505

How the community answered

(25 responses)
  • A
    16% (4)
  • B
    4% (1)
  • C
    72% (18)
  • D
    8% (2)

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