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    Exam 10: The Foreign Exchange Market
  5. Question
    Assume That the Current Exchange Rate Is €1 = $1
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Assume That the Current Exchange Rate Is €1 = $1

Question 84

Question 84

Multiple Choice

Assume that the current exchange rate is €1 = $1.50. If you exchange 1,000 euros for dollars, you will receive


A) $1,000.
B) $750.
C) $1,500.
D) $667.

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