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Suppose the Direct Foreign Exchange Rates in U

Question 48

Multiple Choice

Suppose the direct foreign exchange rates in U.S. dollars are:
1 Singapore dollar = $.7025
1 Cyprus pound = $2.5132
Based on the information given above, how many Singapore dollars are required to purchase goods costing 10,000 US dollars?


A) 7,025
B) 14,235
C) 17,655
D) 2,975

Correct Answer:

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