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3I0-012 · Question #553

You are quoted the following market rates: Spot USD/JPY 123.65 1M (30-day) USD. 2.15% 1M (30-day)JPY 0.10% What is 1-month USD/JPY?

The correct answer is A. 123.44. See the full explanation below for the reasoning.

Question

You are quoted the following market rates:

Spot USD/JPY 123.65 1M (30-day) USD. 2.15% 1M (30-day)JPY 0.10% What is 1-month USD/JPY?

Options

  • A123.44
  • B123.65
  • C123.86
  • D123.90

How the community answered

(46 responses)
  • A
    74% (34)
  • B
    15% (7)
  • C
    7% (3)
  • D
    4% (2)

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