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You Are Given the Exchange Rate AUD/USD 1

Question 38

Multiple Choice

You are given the exchange rate AUD/USD 1.7652/1.7672. Calculate the direct quote of the U.S. dollar from an American viewpoint.


A) AUD/USD 0.5665/0.5659
B) AUD/USD 0.5659/0.5665
C) USD/AUD 0.5665/0.5659
D) USD/AUD 0.5659/0.5665

Correct Answer:

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