What is the two-way price for CHF/SGD? On which side of this price would the customer sell SGD? What is the two-way price for EUR/AUD? On which side of this price would the customer buy EUR? What is the two-way price for EUR/CHF? On which side of this price would the customer buy CHF? What is the two-way price for CHF/AUD? On which side of this price would the customer sell CHF?

Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter17: Multinational Financial Management
Section: Chapter Questions
Problem 3MC
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Foreign Exchange Market

  1. Current spot rates are as follows:

 

USD/CHF 1.5384/89

USD/SGD 2.3895/05

EUR/USD 0.9678/83

AUD/USD 0.5438/43

  1. What is the two-way price for CHF/SGD? On which side of this price would the customer sell SGD?
  2. What is the two-way price for EUR/AUD? On which side of this price would the customer buy EUR?
  3. What is the two-way price for EUR/CHF? On which side of this price would the customer buy CHF?
  4. What is the two-way price for CHF/AUD? On which side of this price would the customer sell CHF?
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