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Compute the direct bid and ask cross rates

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Problem 1

a. Suppose the spot bid-ask rates for $ is $1.3254-81 and, the spot bid-ask rates for f is $0.9548-63. Compute the direct bid and ask cross rates for the f in France.

b. Suppose the spot rates are 60.80/$ and XOF500/$. Compute the XOF/E rate.

c. Suppose the forward bid-ask rates for E is $1.3254-81 and, the forward bid-ask rates for f is $0.9548-63. Compute the forward bid and ask cross rates for f in terms of E.

d. Suppose the forward rates are (0.80/$ and XOF500/S. Compute the XOF/C rate.

Reference no: EM133073622

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