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    Multinational Business Finance
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    Exam 5: The Foreign Exchange Market
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    Since in the U
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Since in the U

Question 8

Question 8

True/False

Since in the U.S. the home currency is the dollar and the foreign currency is the euro, in New York USD 1.2174 = EUR 1.00 would be a direct quote on the euro and an indirect quote on the dollar.

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