Convert each of the following indirect quotes to dollar direct quotes:
- $1 = 805 Vietnam Dong
- $1 = 2,349.6 Venezuelan Bolivar
- $1 = 7.0523 South African Rand
$1 equals:
A) 0.0012 Dong; 0.0004 Bolivar; 0.1418 Rand
B) 0.0072 Dong; 0.004 Bolivar; 0.1418 Rand
C) 0.0012 Dong; 0.004 Bolivar; 0.1478 Rand
D) 0.0022 Dong; 0.0004 Bolivar; 0.1418 Rand
Correct Answer:
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