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It is 1985 and suppose the 90day forward quotes on the DM and the French franc are $.400210 and $.118090, respectively. What is the direct 90day
It is 1985 and suppose the 90‑day forward quotes on the DM and the French franc are $.4002‑10 and $.1180‑90, respectively. What is the direct 90‑day forward quote for the franc in Frankfurt?
a) 3.3625‑54
b) 3.3631‑92
c) .2943‑74
d) .2949‑68