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If the Indirect Exchange Rate Between French Francs and U

Question 24

Multiple Choice

If the indirect exchange rate between French francs and U.S.dollars is 6.8/1,then the direct exchange rate between these currencies is:


A) $.1471/FFr.
B) $/6.8FFr.
C) FFr/$6.8.
D) FFr/$.1471.

Correct Answer:

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