Convert each of the following indirect quotes to dollar direct quotes:
- $1 = 3.05 Saudi Arabian Riyal
- $1 = 41.45 Philippine Peso
- $1 = 0.52 Latvian Lat
$1 equals:
A) .33 Riyal; .02 Peso; 1.92 Lat
B) .33 Riyal; .02 Peso; 1.95 Lat
C) .38 Riyal; .05 Peso; 1.92 Lat
D) .38 Riyal; .02 Peso; 1.95 Lat
Correct Answer:
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