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Question
Use the following information to answer the following question(s).Below is an excerpt from Table 19.1, Foreign Exchange Ratrd (January 8, 2010) that appears in your text. (Sources The Wall Street Journal and Reuters)
| U.S. $ equivalent | Currency per U.S. $ | |
| Country | Mon. | Mon. |
| India (Rupee) | 0.02199 | 45.4752 |
| Britain (Pound) | 1.6028 | 0.6239 |
| 30-day Forward | 1.6024 | 0.6241 |
| 90-day Forward | 1.6019 | 0.6243 |
| 180-day Forward | 1.6008 | 0.6247 |
| Canada (Dollar) | 0.97 | 1.0309 |
| 30-day Forward | 0.97 | 1.0309 |
| 90-day Forward | 0.97 | 1.0309 |
| 180-day Forward | 0.9698 | 1.30311 |
| Switzerland franc | 0.9772 | 1.0233 |
| 30-day Forward | 0.9773 | 1.0232 |
| 90-day Forward | 0.9777 | 1.0228 |
| 180-day Forward | 0.9783 | 1.0222 |
A) 1.64 Swiss francs to the pound.
B) 1.5663 Swiss francs to the pound.
C) .6097 Swiss francs to the pound.
D) .9772 Swiss francs to the pound.
Answer
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