As a currency trader, you see the following quotes on your computer screen: a. What are the outright forward bid and ask quotes for the USD/EUR at the 3-month maturity? b. Suppose you want to swap out...


As a currency trader, you see the following quotes on your computer screen:





a. What are the outright forward bid and ask quotes for the USD/EUR at the 3-month maturity?


b. Suppose you want to swap out of $10,000,000 and into yen for 2 months. What are the cash flows associated with the swap?


c. If one of your corporate customers calls you and wants to buy pounds with dollars in 6 months, what price would you quote?






May 04, 2022
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