Solved: Quote on a spot australian dollar, Finance Basics

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Quote on a spot australian dollar

Problem:

As a foreign exchange trader at Sumitomo Ban, one of the customers would like spot yet quotes on Asutralian Dollards. Current market rates are:

Y/$ 101.37 - 85
A$/$ 1.2924 - 44

What bid and ask yen cross rates would you quote on a spot Australian Dollar?

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Finance Basics: Quote on a spot australian dollar

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