EUR/USD Is 1

question 533

Multiple Choice

EUR/USD is 1.3080-83 and EUR/CHF is 1.2160-63. What price would you quote to a customer who wishes to sell CHF against USD?

• A) 1.0759
• B) 0.9299
• C) 1.5909
• D) 0.9295

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Definitions:

Inequality

A mathematical statement indicating that two expressions are not equal in value, often involving symbols like >, <, ≥, or ≤.

Solution

The answer to a problem or equation.

Inequality

A mathematical statement that indicates one value is larger or smaller than another.

Inequality

A mathematical statement that describes the relationship between two values or expressions that are not equal.