Solved

The Cross Rate Is The

Question 40

Multiple Choice

The cross rate is the:


A) exchange rate between the US dollar and another currency.
B) exchange rate between two currencies, of which neither of which is generally the US
Dollar.
C) rate converting the direct rate into the indirect rate.
D) estimated based on the weighted average cost of capital by the agent at the exchange
Kiosk.
E) None of the above.

Correct Answer:

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