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    Money and Capital Markets
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    Exam 23: International Transactions and Currency Values
  5. Question
    Suppose the Pound-Dollar Exchange Rate Is 1
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Suppose the Pound-Dollar Exchange Rate Is 1

Question 3

Question 3

Short Answer

Suppose the pound-dollar exchange rate is 1.4000 and the yen-dollar exchange rate is 2.3000. What is the yen-pound exchange rate?

Correct Answer:

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