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17-3 (Indirect quotes)

17-3 (Indirect quotes) Compute the indirect quote for the spot and forward Canadian dollar, yen, and, and Swiss franc contracts.

Country Contract $/Foreign Currency

Canada-dollar Spot .8437
30-day .8417
90-day .8395

Japan-yen Spot .004684
30-day .004717
90-day .004781

Switzerland-franc Spot .5139
30-day .5169
90-day .5315

Solution Preview

17-3 (Indirect quotes) Compute the indirect quote for the spot and forward Canadian dollar, yen, and, and Swiss franc contracts.

Country Contract $/Foreign Currency

Canada-dollar Spot .8437
30-day .8417
90-day ...

Solution Summary

This solution is comprised of a detailed explanation to compute the indirect quote for the spot and forward Canadian dollar, yen, and, and Swiss franc contracts.

$2.19