Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Bid - Ask USD equivalent.
Given the table, what are the bid and ask cross-exchange rate for Swiss frank priced in New Zealand dollar?
USD equivalent
Bid
a. bid
b. ask
NZD Number
/CHF
Round your answer to four decimals
NZD Number
/CHF
Round your answer to four decimals
Country
NZD
CHF
0.8648
1.49
Ask
0.8654
1.51
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Transcribed Image Text:Bid - Ask USD equivalent. Given the table, what are the bid and ask cross-exchange rate for Swiss frank priced in New Zealand dollar? USD equivalent Bid a. bid b. ask NZD Number /CHF Round your answer to four decimals NZD Number /CHF Round your answer to four decimals Country NZD CHF 0.8648 1.49 Ask 0.8654 1.51
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