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A Currency Trader Observes the Following Quotes in the Spot

Question 18

Multiple Choice

A currency trader observes the following quotes in the spot market:
A currency trader observes the following quotes in the spot market: Given this information,how many Mexican pesos can be purchased for 1 Danish krone? A) 2.7490 B) 2.8195 C) 2.8918 D) 2.9641 E) 3.0382 Given this information,how many Mexican pesos can be purchased for 1 Danish krone?


A) 2.7490
B) 2.8195
C) 2.8918
D) 2.9641
E) 3.0382

Correct Answer:

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