Convert each of the following indirect quotes to dollar direct quotes:
$1 = 118.115 Yen
$1 = 0.9203 Euro
$1 = 1.0052 Swiss franc
$1 equals:
A) 0.0085 Yen; 1.0866 Euro; 0.9948 franc
B) 0.8500 Yen; 1.0866 Euro; 0.9948 franc
C) 1.1812 Yen; 0.9203 Euro; 1.0052 franc
D) 1.1812 Yen; 1.0866 Euro; 0.9948 franc
Correct Answer:
Verified
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