Multiple Choice
Suppose the spot direct quotes for the pound sterling and French franc are $1.3981?89 and $.1130?33, respectively. What is the direct quote for the pound in Paris?
A) 12.3398?3796
B) 12.3469?3726
C) .0808?12
D) .0976?87
Correct Answer:
Verified
Correct Answer:
Verified
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