Assuming that the bond sells at par,the implicit $/€ exchange rate at maturity of a Euro-U.S.dollar dual currency bond that pays €651.25 at maturity per $1,000 of par value is
A) $1.72/€1.00.
B) $1.54/€1.00.
C) $1.27/€1.00.
D) $1.62/€1.00.
Correct Answer:
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