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3I0-012 · Question #605

If GSP/USD is quoted to you at 1.61 20-30, how much GSP would you receive if you sold USD 2000,000?

The correct answer is A. 1,239,925.60. See the full explanation below for the reasoning.

Question

If GSP/USD is quoted to you at 1.61 20-30, how much GSP would you receive if you sold USD 2000,000?

Options

  • A1,239,925.60
  • B1,237,873.80
  • C1,240,694.79
  • D1,242,720.50

How the community answered

(40 responses)
  • A
    80% (32)
  • B
    10% (4)
  • C
    8% (3)
  • D
    3% (1)

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