Multiple Choice
You are given the exchange rate AUD/USD 1.7662. Calculate the indirect quote of the Australian dollar from an Australian viewpoint.
A) AUD/USD 0.5662
B) USD/AUD 1.7662
C) AUD/USD 1.7662
D) USD/AUD 0.5662
Correct Answer:
Verified
Correct Answer:
Verified
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