ACI
3I0-012 · Question #650
You have quoted a Swiss customer spot USD/CHF as 1.3710-15, but he asks you to quote it as CHF/USD. What do you quote?
The correct answer is A. 0.7291-94. See the full explanation below for the reasoning.
Question
You have quoted a Swiss customer spot USD/CHF as 1.3710-15, but he asks you to quote it as CHF/USD. What do you quote?
Options
- A0.7291-94
- B0.7294-91
- C1.3710-15
- DNone of these
How the community answered
(41 responses)- A80% (33)
- B12% (5)
- C5% (2)
- D2% (1)
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