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Question

If the one month FF/$ exchange rate is 8.0200-50 this implies:

Accepted Answer

the bank is willing to commit itself today to buy dollars in one month for 8.0200 francs or to sell them for 8.0250 francs.

Answer

the bank is willing to commit itself today to sell dollars in one month for 8.0200 francs or to buy them for 8.0250 francs.

Answer

the bank is willing to commit itself today to buy dollars for 8.0200 francs or to sell them for 8.0250 francs.

Answer

the bank is willing to commit itself today to buy dollars in one month for 8.0200 francs or to sell them for 8.0150 francs.

Answer

none of these answers

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