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3I0-012 · Question #659

3I0-012 Question #659: Real Exam Question with Answer & Explanation

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Question

If you buy GBP 2,000,000 against USD at 1.6020; GSP 1,000,000 at 1.6035 and GBP 3,000,000 at 1.6028, what is the average rate of your position?

Options

  • A1.6035
  • B1.6027
  • C1.6030
  • D1.6023

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