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    Multinational Financial Management
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    Exam 7: The Foreign Exchange Markets
  5. Question
    Suppose the Direct Quote for Sterling in New York Is
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Suppose the Direct Quote for Sterling in New York Is

Question 17

Question 17

Multiple Choice

Suppose the direct quote for sterling in New York is $Then the direct quote for dollars in London is:


A) .7110?5
B) 2.6220?30
C) .7625?8
D) 1.3110?5

Correct Answer:

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