The future quote is achieved by finding the reciprocal of the forward quote. That is:
6-month futures quote is: 1/1.500 = 0.66667 GBP per USD.
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Q-3832: The 6-month forward quote for the GBP/USD is 1.500. What is the corresponding 6-month futures quote?
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Last updated: July 21, 2026 at 02:10
0
A
0.86432
B
0.98538
C
0.66667
D
0.56432
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Q-3832: The 6-month forward quote for the GBP/USD is 1.500. What is the corresponding 6-month futures quote? | Financial Risk Manager Part 1 Quiz - LeetQuiz