Multiple Choice
Suppose the spot direct quotes for the Italian lira and Swedish krone are $.00050?51 and $.1201?10, respectively. What is the direct quote for the Swedish krone in Milan?
A) .00413?25
B) .00422?31
C) 235.49?242.00
D) 237.81?245.03
Correct Answer:
Verified
Correct Answer:
Verified
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