Table 11.3.Key Currency Cross Rates

-Referring to Table 11.3,the yen cost of purchasing 100 British pounds is roughly:
A) 18,000 yen
B) 19,000 yen
C) 20,000 yen
D) 21,000 yen

Question

Table 11.3.Key Currency Cross Rates
 
-Referring to Table 11.3,the yen cost of purchasing 100 British pounds is roughly:
A) 18,000 yen 
B) 19,000 yen 
C) 20,000 yen 
D) 21,000 yen

Quizplus · Accepted Answer

The yen cost of purchasing 100 British pounds is 18,000 yen. This can be seen in Table 11.3, which shows that the exchange rate between the yen and the British pound is 180 yen per pound.