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Suppose It Is 1990 and the Spot Direct Quotes for the Swedish

Question 8

Multiple Choice

Suppose it is 1990 and the spot direct quotes for the Swedish krona and French franc are $.1395-99 and $.1130-33,respectively.What is the direct quote for the krona in Paris?


A) 1.2312-81
B) 1.2435-37
C) .0806-11
D) .0973-81

Correct Answer:

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