Sterling for sales or purchases one month

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Reference no: EM131323889

Using the table below, find the spreads of the US$ and € against sterling for sales or purchases one month from now: Spot Rate One Month from Now Three Months from Now US$ 1.9010-1.9927 1.47–1.44c pm 3.93–3.85c pm € 1.4854–1.4878 1.43–1.34c dis 3.42–3.30c dis and convert the following into sterling; (i) Receive $600,000 in one month, and (ii) Pay €1,500,000 in one month.

Reference no: EM131323889

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Sterling for sales or purchases one month : Using the table below, find the spreads of the US$ and € against sterling for sales or purchases one month from now: Spot Rate One Month from Now Three Months from Now US$ 1.9010-1.9927 1.47–1.44c pm 3.93–3.85c pm € 1.4854–1.4878 1.43–1.34c dis 3.42–..

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