Q11. The Japanese yen is trading at 115.2200 ¥/$ and the Danish krone (DKK) is trading at 16.4989 ¥/DKK. The $/DKK exchange rate is: A) 6.9835 $/DKK. B) 0.5260 $/DKK. C) 0.1432 $/DKK.
Q12. A Mexican dealer gives a quote of 8.00 bid / 8.10 ask (MXN/USD) and a London dealer quotes the U.S. dollar at 2.00 bid / 2.1 ask (GBP/USD). What is the MXN/GBP bid and ask from the perspective of a Mexican dealer? A) 3.81 − 3.86. B) 4.00 − 4.05. C) 3.81 − 4.05.
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