I got: $:A$ = 1.14120; i don't follow how you get a bid-ask quote?作者: BelalM 时间: 2011-7-13 16:23
I did it again, and I got the same results. What's the answer?
I got .875 - .8763 (roughly)
Edited 1 time(s). Last edit at Monday, May 31, 2010 at 05:52PM by CFA.Rhythm.作者: stalkey 时间: 2011-7-13 16:23
bid = 1.5960 / 1.8235 = .8752
ask = 1.5970 / 1.8225 = .8763
set-up the equation so the currency that you dont want is eliminated (USD) - in order to do that you need to have indirect quote of A/$ so you divide and use the ask作者: CPATrader 时间: 2011-7-13 16:24
a:b / a:c = c:b
A$:SF = 0.87524 - 0.87627
when you go left you use the ask, and when right the bid
(eg. $:SF = 1.5960-70, when you go from SF to $ you use ask and when from $ to SF use the bid)作者: firat 时间: 2011-7-13 16:24
Answer should be
0.8752 - 0.8762作者: kkn006 时间: 2011-7-13 16:24
just one of those days.
Post a question (with no answer) and go get a pizza for an hour.作者: jarobi04 时间: 2011-7-13 16:24
0.8752 - 0.8763
sorry, it's hectic around here.作者: giorgio10 时间: 2011-7-13 16:24
1/ To make them look more familiar:
SF/$ = 1.5960-70
A$/$ = 1.8225-35
2/ Divide them together but remember for bid, use the smallest number on numerator and largest number on denominator; the same for ask, use the largest number on numerator and smallest one on denominator:
