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3I0-012 · Question #603

Spot cable is quoted at 1.6048-53 in the brokers and you quote a customer 1.6050-55 in USD 3 million, If they sell USD to you, how much GSP will you be short of?

The correct answer is C. 1.868,576.77. See the full explanation below for the reasoning.

Question

Spot cable is quoted at 1.6048-53 in the brokers and you quote a customer 1.6050-55 in USD 3 million, If they sell USD to you, how much GSP will you be short of?

Options

  • A4,816,500.00
  • B1,868,809.57
  • C1.868,576.77
  • D4,815,900.00

How the community answered

(27 responses)
  • A
    7% (2)
  • B
    15% (4)
  • C
    74% (20)
  • D
    4% (1)

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