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Suppose the CHF/USD spot rate is 1.1258 - 1.1307 and CHF/EUR spot rate is 0.9285 - 0.9346, what is the spot rate for USD/EUR?

0.8212 - 0.8302

1.0627 - 1.0768

0.5865 - 0.5973

1.1257 - 1.1384

1.1384 - 1.1428

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Computation of Spot rate for USD/EUR:

Given,

CHF/USD = 1.1258 - 1.1307

CHF/EUR = 0.9285 - 0.9346

Spot rate for USD/EUR = 0.9285/1.1307 - 0.9346/1.1258

= 0.8212 - 0.8302

So, the correct option is 1st "0.8212 - 0.8302".

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