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    Multinational Finance Study Set 1
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    Exam 5: The Foreign Exchange Market
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    Given the Following Pair Wise Exchange Rates, Estimate the Cross-Rate
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Given the Following Pair Wise Exchange Rates, Estimate the Cross-Rate

Question 34

Question 34

Multiple Choice

Given the following pair wise exchange rates, estimate the cross-rate of pounds per euro.
$0) 8410/£ $1.2223/euro


A) £1.000/euro
B) £1.5062/euro
C) £0.6639/euro
D) euro 1.5062/£

Correct Answer:

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