The broker at Deutsche Bank quotes bid-ask rates of ¥104.15-30/$. Wha
The broker at Deutsche Bank quotes bid-ask rates of ¥104.15-30/$. What would be its direct asking price for yen if the bank’s €/$ ask rate is .6550?
A) €.0061/¥
B) €.00628/¥
C) €159.24/¥
D) €164.25/¥
ANSWER
Answer: B
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