A dealer's bid and ask quotes for the listed currencies are as follows:
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Australian dollar (AUD/USD)
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0.7832 - 0.7834
|
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Brazilian real (USD/BRL)
|
3.2335 - 3.2365
|
|
British pound (GBP/USD)
|
1.3507 - 1.3509
|
|
Canadian dollar (USD/CAD)
|
1.2555 - 1.2557
|
|
Euro (EUR/USD)
|
1.1948 - 1.1949
|
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Japanese yen (USD/JPY)
|
111.44 - 111.45
|
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Mexican peso (USD/MXP)
|
19.3653 - 19.3718
|
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New Zealand dollar (NZD/USD)
|
0.7181 - 0.7184
|
|
Thai baht (USD/THB)
|
32.1240 - 32.1430
|
|
Egyptian pound (USD/EGP)
|
17.6860 - 17.8460
|
|
Swiss franc (USD/CHF)
|
0.9789 - 0.9791
|
1. What are this dealer's implied cross bid and ask prices for exchanging Australian dollars and New Zealand dollars? Specify which currency should be the base currency in these quotes?
2. What are this dealer's implied cross bid and ask prices for exchanging Canadian dollars and Japanese yen? Specify which currency should be the base currency in these quotes?
3. What are this dealer's implied cross bid and ask prices for exchanging British pound and Egyptian pound? Specify which currency should be the base currency in these quotes.
4. What are this dealer's implied cross bid and ask prices for exchanging Swiss francs and Mexican pesos? Specify which currency should be the base currency in these quotes.
5. What are this dealer's implied cross bid and ask prices for exchanging euros and Australian dollars? Specify which currency should be the base currency in these quotes.
6. What are this dealer's implied cross bid and ask prices for exchanging Brazilian real and Thai baht? Specify which currency you use as the base currency for the implied bid and ask quotes.
7. What would the implied bid and ask quotes from question 6 be if the quote currency from in question 6 were the base currency for the quotes?