View all questions & answers for the 3I0-012 exam
You have made a price by a Japanese bank in (SD 2,000,000.00 against JPY. They made you
98.95-03 and you took the offer. USD/JPY is now quoted 98.78-81 and you square your position.
What is your profit or loss?
Profit of JPY 340.000
Profit of JPY 1.500,000
Loss of JPY 340.000
LossofJPV 500.000
Submit